What Is DeepSeek? How Different Is It from Other Chatbots? Here’s How the Chinese Startup Can Change the Entire AI Ballgame [Video]

Chinese AI startup DeepSeek , which is barely a year old, has sparked both awe and concern in Silicon Valley by unveiling advanced artificial intelligence models that rival the performance of leading chatbots while appearing to operate at a significantly lower cost.

The rise of DeepSeek challenges the prevailing notion that the future of AI will demand ever-growing power and energy resources for development. In late January, global tech stocks saw a sharp decline as excitement over DeepSeek’s breakthrough grew, prompting investors to assess the potential impact on its U.S.-based competitors and their hardware suppliers. On Monday, DeepSeek’s accent saw a US tech bloodbath, with billons wiped out from markets.

A New AI-Revolution

Founded in 2023 by Liang Wenfeng, head of the AI-driven quantitative hedge fund High-Flyer, DeepSeek focuses on developing open-source AI models, allowing the broader developer community to review and enhance the software. After its launch in early January, DeepSeek’s mobile …