Why China’s DeekSeek is Making the Tech Industry Jittery
DeepSeek, a relatively new Chinese AI startup, has quickly gained attention and sparked both amazement and concern in Silicon Valley. Despite being a little over a year old, the company has unveiled AI models that rival the performance of the world’s top chatbots, all while reportedly spending far less on development. The rise of DeepSeek challenges the widespread assumption that AI will always require large computing energy and power amounts. Global tech stocks saw a sharp decline on January 27 as excitement over DeepSeek’s innovations grew, raising concerns for U.S.-based competitors and hardware providers like Nvidia. DeepSeek focuses on open-source…