DeepSeek's breakthroughs in lowering the entry point for creating chatbots and other generative AI tools means small players now have a more level field on which to develop new products and compete.

The cause of investors’ panic was DeepSeek, an obscure Chinese hedge fund turned AI startup that has blown analysts away with its latest large language model, R1, released on January 20th. Consumers have flocked to DeepSeek’s chatbot,

As US companies pour billions of dollars into advancing artificial intelligence, a little-known Chinese startup has seemingly done the impossible. DeepSeek unveiled a chatbot app that performs as well if not better than those of Silicon Valley giants,