What is Chinese AI startup DeepSeek?
Published On Jan 27, 2025, 10:40 AM
Chinese AI startup DeepSeek has launched its AI model, DeepSeek-V3, which competes with established players like OpenAI and Meta despite using less advanced chips. With a lower operating cost, DeepSeek's models have disrupted the AI landscape, recently surpassing OpenAI's ChatGPT in the U.S. Apple App Store rankings. The company claims its models perform comparably to more resource-intensive counterparts, leading to speculation about the future competitiveness of U.S. tech firms in the AI sector.
Stock Forecasts
NVDA
Negative
Given DeepSeek's competitive pricing and capability in producing high-performance AI models, U.S. tech companies, particularly those heavily invested in AI infrastructure like Nvidia and OpenAI, may face downward pressure on their stock prices. Conversely, firms that can capitalize on AI innovations or collaborate with DeepSeek could see a positive impact.
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