DeepSeek: New AI Tool from China at Lower Cost
January 27, 2025
DeepSeek is a new artificial intelligence tool launched by the Chinese startup founded by Liang Wenfeng. It poses a significant challenge to Open AI's Chat GPT, offering similar features at a lower cost. The launch of this tool has resulted in losses in U.S. stock markets, particularly in the tech sector. Financial analysts are concerned about China's pace of development in artificial intelligence.