What is Deepseeks and why did it cause tech stocks to drop?
In tha USA, Chinese company Deepseeks Ai -
powered has become tha most downloaded free Ai
App on Apples store after its release in January.
Who is currently completing with Chat Gpt.
And everyone is feeling very hungry/ happy 😊.
Tha sudden popularity of tha deepseek app coupled
with the low cost of building deep seek compared
to US -based AI companies, has put the company
in a difficult position.
Silicon valley venture capitalist Marc Anndreesen
described deepseek as " one of tha most surprising
And impressive breakthroughs"in AI .
Tha company says tha new US - made Chat GPT is
Comparable to industry- leading models like
Deepseek, abha cost a fraction of tha cost.
Tha company behind tha app said it cost just $6
million (£4.8 million) to create, far less than than
tha billions of dollars spent by AI companies in
the US.This app set itself ahead of others at very
low cost.
Who is behind Deepseek ?
Deepseek wasfounded in December 2023 by Liang
Wenfeng,and released its first Ai large language
madel tha year.
Not much is known about Liang , who graduated
from Zhejiang University with degrees in
electronic information engineering & computer science ðŸ”.
He recently seen at a meeting hosted china premier
li Qiang , reflecting Deepseek s growing AI
industry .
How are USA company hit ?!
Deepseeks achievements under tha belif tha
Bigger budgets and top tier chips are tha only
ways of advancing Ai ,and future of high -
perfoy chips.
"Deepseeks has proven that cutting -edge Ai
Models."
Posts
