Wall Street started the week in a cold sweat thanks to DeepSeek, an obscure Chinese A.I. lab that just dropped a bombshell: a lightning-fast, budget-friendly large language model that’s shaking ...
DeepSeek, a little-known Chinese firm founded in May 2023, has sent shockwaves through Silicon Valley and Wall Street. Its researchers have claimed that they spent under $6 million (Rs 51 crore) on it ...
The shock to financial markets came from China, where DeepSeek said it had developed a large language model that can compete with U.S. giants but at a fraction of the cost.