DeepSeek’s AI model, which runs on less advanced chips, challenges the high valuations of companies like Nvidia. DeepSeek’s success highlights China’s ability to compete in

Chinese AI company DeepSeek says its DeepSeek R1 model is as good, or better than OpenAI's new o1 says CEO: powered by 50,000 NVIDIA H100 AI GPUs.

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We explain how China’s start-up DeepSeek has made significant strides in the global AI race with its resource-efficient, open-source models.

DeepSeek, a Chinese artificial intelligence (AI) startup, is the new revolutionary force in the global AI industry.

This story incorporates reporting fromForbes, devdiscourse and CNN on MSN.com.DeepSeek, a Chinese AI startup, has emerged as a significant player in the tech industry, attracting global attention. Known for its cost-efficient AI models,

DeepSeek's innovative techniques, cost-efficient solutions and optimization strategies have forced established players to re-evaluate their approaches.

DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating breakthrough artificial intelligence models that offer comparable performance to the world’s best chatbots at seemingly a fraction of the cost.

Investing.com-- Leading Chinese internet stocks such as Tencent Holdings Ltd (HK: 0700 ), Alibaba (NYSE: BABA) Group Holding Ltd (HK: 9988 ), and Baidu (NASDAQ: BIDU) Inc (HK: 9888) experienced notable gains, driven by speculation surrounding advancements from AI startup DeepSeek.

TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial intelligence capabilities, Reuters reported today.

Chinese AI is now so close in quality to its American rivals that the boss of OpenAI, Sam Altman, felt obliged to explain the narrowness of the gap. Shortly after DeepSeek released v3, he tweeted peevishly,

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.