Generative AI
Chinese startup DeepSeek surpasses ChatGPT downloads on App Store
Chinese AI startup DeepSeek has recently launched an AI assistant app, DeepSeek-R1, which has become the top-rated free application on Apple's App Store in the US. This has led to a significant downturn in the stock market, with Nvidia shares falling nearly 17% and erasing $600 billion of its market value. The release of DeepSeek's AI assistant has sparked concerns that China is closing the gap in AI technology.
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