DeepSeek AI: The Unexpected Rise of a Chinese AI Startup
AI technology was once dominated by large tech giants, with companies like Google, Meta, and Nvidia holding a monopoly over the industry. However, recently, a small Chinese startup, DeepSeek, has added a new dimension to the global tech landscape. Its impact has been so profound that it has not only caused a significant crash in the US stock market but is also setting the stage for a long-term challenge to the dominance of big tech companies in the AI market. What is DeepSeek AI? DeepSeek AI is an open-source project that started as a side project by a Chinese entrepreneur named Liang Wenfeng. With just $6 million in funding, DeepSeek has launched AI models that challenge the established players in the market. Its most notable model, the R1 model , performs similarly to ChatGPT’s paid version (3.5) and even outshines some of ChatGPT's capabilities in certain areas. The model can run on a Raspberry Pi device that costs as little as $25, enabling anyone to use a powerful offline AI...