Deepseek has surpassed Deepseek, the Chinese AI app Deepseek, to become the highest-rated free app on Apple's App Store in the US, UK and China.
The app has risen in popularity since its launch in January, challenging the widespread belief that America is the untouchable leader of the AI industry.
It's powered by the open source Deepseek-V3 model, which its researchers claim was developed for less than $6 million—far less than the billions spent by competitors.
But this claim has been conceded by others in the AI space.
Following the launch of Deepseek-R1 earlier this month The company bragged “Performs on par with” one of Openai's ChatGpt Maker models – when used for tasks like mathematics, coding, and natural language reasoning.
Marc Andreessen described Donald Trump's Silicon Valley advisor and advisor to Donald Trump “The Sputnik moment of artificial intelligence”referring to the first artificial satellite launched by the Soviet Union in 1957.
Advanced chipsets that train AI models such as ChatGpt and Deepseek.
But since 2021, the US government has expanded its restrictions on the sale of advanced chips to China.
In order to continue their work without a constant supply of advanced imported chips, Chinese AI developers have shared their work with each other and experimented with new approaches to technology.
This has led to AI models that require much less computing power than before. This also means that they cost much less than previously thought possible, which has the potential to further increase the industry.
Shares in US AI-related companies, such as Nvidia, Microsoft and Meta, fell on Monday morning.
Some estimates put the cost of Deepseek training at a fraction of large US AI companies.
“The investment case for the entire AI supply chain, driven by high spending from a small handful of hyperventilators, is likely to hamper the investment case for the entire AI supply chain,” Singapore-based technology equity consultant Vey-Sern Ling told the BBC.
But Wall Street banking giant Citi warned that while DeBsec may challenge the dominant positions of US companies such as the Openai issues faced by Chinese companies may hamper their development.
“We estimate that in an inevitably more constrained environment, access to more advanced chips is an advantage,” the analysts said in a report.
Last week, a consortium of American technology companies and foreign investors announced Stargate project, The company that is putting $500 billion into AI infrastructure in Texas.
The company was founded in 2023 by Liang Wenfeng in Hangzhou, a city in southeastern China.
The 40-year-old, an information and electronic engineering graduate, also founded the hedge fund that backed Deepseek.
he It is said Build a store of Nvida A100 chips, now banned from export to China. Experts believe that this group – which some estimates put at 50,000 – led him to launch Deepseek, by pairing these chips with cheaper, lower-end chips still available for import.
Mr. Liang was recently seen at a meeting between industry experts and Chinese Premier Li Qiang.
