DeepSeek rattles and shocks US tech sector with new AI model

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DeepSeek rattles and shocks US tech sector with new AI model
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DeepSeek-R1’s creator said its model was developed using less advanced, and fewer, computer chips than employed by US tech giants.

DeepSeek-R1’s creator said its model was developed using less advanced and fewer computer chips than those employed by US tech giants.

DeepSeek-R1’s creator said its model was developed using less advanced and fewer computer chips than those employed by US tech giants.Available as an app or on desktop, DeepSeek can do many of the things that its Western competitors can—write song lyrics, help create a personal development plan, or even create a recipe for dinner based on what’s in the fridge.

US President Donald Trump said Monday that the low-cost Chinese AI model DeepSeek was a “wake-up call” for US firms after its emergence caused a rout in tech shares. “I would say that could be a positive,” Trump said. “So instead of spending billions and billions, you’ll spend less, and you’ll come up with hopefully the same solution.”DeepSeek, which is based in Hangzhou, was founded in late 2023 by Liang Wenfeng, a serial entrepreneur who also runs the hedge fund High-Flyer.

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