DeepSeek, a Chinese artificial-intelligence startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating AI models that offer comparable performance to the world’s best chatbots at seemingly a fraction of their development cost.

The new AI assistant released by Chinese startup DeepSeek has rattled the U.S. technology sector after it reportedly developed a model on par with leading U.S. peers at a lower cost.

Chinese AI assistant DeepSeek has become the top rated free app on Apple's App Store in the US and elsewhere, beating out ChatGPT and other rivals.

Chinese startup DeepSeek's AI Assistant on Monday overtook rival ChatGPT to become the top-rated free application available on Apple's App Store in the United States. Powered by the DeepSeek-V3 model,

DeepSeek researchers previously claimed they spent about $6 million to develop an earlier AI model, using approximately 2,000 H800 Nvidia chips – hardware with lower data transf