Chinese AI Startup Sends Shockwaves Through Tech World with $6M Chatbot that Rivals ChatGPT
“In a groundbreaking development, Chinese AI startup DeepSeek has disrupted the global tech industry with its $6 million chatbot that rivals ChatGPT. Founded by Liang Wenfeng, the AI application quickly claimed the top spot on Apple’s App Store, triggering a massive selloff in tech giants’ shares including Microsoft, Nvidia, and Meta. Using innovative cost-effective methods and strategic chip acquisition before US export restrictions, DeepSeek achieved comparable performance to OpenAI’s latest models in mathematics, coding, and natural language processing. This unexpected success has been likened to a ‘Sputnik moment’ for the AI industry, challenging the notion that developing advanced AI requires billions in investment.”


