Chinese AI firm DeepSeek has given Silicon Valley a wake-up call by launching LLMs that are cheaper yet as effective as OpenAI's models.

Hong Kong: The Chinese artificial intelligence firm, DeepSeek, has made waves in the tech world by claiming its new AI model, R1, performs just as well as OpenAI’s offerings. What’s even more astonishing is that R1 achieves this despite using less powerful computer chips and consuming far less energy than its rivals.

DeepSeek has quickly upended markets with the release of an R1 model that is competitive with OpenAI's best-in-class reasoning models. But some have expressed worry that the model's Chinese origins mean it will be subject to limits when talking about topics sensitive to the country's government.

Japan’s chipmaker stocks plunged into losses, while artificial intelligence and related stocks on Wall Street were hammered overnight amid concerns over the waning dominance of US tech giants in the AI space.

In this edition of TC's AI newsletter, This Week in AI, we talk about OpenAI's new Stargate joint venture and what it means for AI rivals.

US stock index futures also tumbled amid concerns DeepSeek’s AI models challenge US AI leadership. Read more at straitstimes.com.

The seemingly overnight success of Chinese AI firm DeepSeek has catapulted its founder, Liang Wenfeng, to billionaire status. Here’s how.

Based on my tests and published reports, DeepSeek not yet as advanced as its American counterparts, but it’s quite good

Chinese tech and e-commerce giant Alibaba on Wednesday announced the release of Qwen2.5-Max, an advanced artificial intelligence model that the company says outperforms several leading AI systems in key benchmarks.

Previously little-known Chinese startup DeepSeek has dominated headlines and app charts in recent days thanks to its new AI chatbot, which sparked a global tech sell-off that wiped billions off Silicon Valley’s biggest companies and shattered assumptions of America’s dominance of the tech race.

Government policies, generous funding and a pipeline of AI graduates have helped Chinese firms create advanced LLMs.

"The launch of China's AI platform DeepSeek, with its advanced capabilities, marks a new era for AI, transforming how we access, process, and interact with information," said DigitX India co-founder Ashish Mehta while speaking to The Quint.