DeepSeek, a Chinese startup, has created a chatbot that rivals industry leaders like OpenAI and Google using fewer resources. This has caused concern in the tech industry and led to a significant drop in tech stocks. DeepSeek’s approach to AI development is seen as innovative and pathbreaking, challenging traditional methods of scaling with high computing power. Experts believe that the company’s success highlights a new kind of innovation in China that is not iterative but revolutionary.
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