Whats DeepSeek, Chinas AI startup sending shockwaves through global tech? | Technology [Video]

DeepSeek, a little-known Chinese startup, has sent shockwaves through the global tech sector with the release of an artificial intelligence (AI) model whose capabilities rival the creations of Google and OpenAI.

DeepSeek-R1’s creator says its model was developed using less advanced, and fewer, computer chips than employed by tech giants in the United States.

In a research paper released last week, the model’s development team said they had spent less than $6m on computing power to train the model – a fraction of the multibillion-dollar AI budgets enjoyed by US tech giants such as OpenAI and Google, the creators of ChatGPT and Gemini, respectively.

Marc Andreessen, one of the most influential tech venture capitalists in Silicon Valley, hailed the release of the model as “AI’s Sputnik moment”.

The sudden emergence of a small Chinese startup capable of rivalling Silicon Valley’s top players has challenged assumptions about US dominance in AI …