What Is DeepSeek? Everything to Know About China’s ChatGPT Rival and Why It Might Mean the End of the AI Trade.
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Recently launched DeepSeek is already a contender to OpenAI’s top public AI model. But what really spooked markets Monday is the claim that China built it with older Nvidia chips in under two months for less than $6 million. If a top-end model costs millions of dollars, not hundreds of millions or billions, and an API can be offered at 27 times less than what is being sold by OpenAI, the massive expense of the past two years may have been wasted.
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