Chinese start-up DeepSeek disrupts the artificial intelligence sector

Le Monde

Summary

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Elon Musk remains sceptical about China's DeepSeek AI chatbot, which caused a $500 billion drop in Nvidia’s market cap.
Asianet Newsable
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Shares of Nvidia, the poster child of the AI boom in recent years, dragged U.S. stocks lower, sinking 17 percent on Monday and wiping $593 billion from the chipmaker's market value, a record one-day loss for any company.
The Korea Times
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The Chinese AI chatbot was able to be trained in just two months for $6 million, despite attempts from the Biden administration to restrict China's foothold in the industry.
Newsweek
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DeepSeek, founded in 2023 by the Chinese hedge fund High Flyer, launched its new AI model, R1, which claimed to use less data at a fraction of the cost compared to existing services.
International Business Times AU

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