China AI

DeepSeek AI: China's $6M Model Shakes Global Tech

DeepSeek, a Chinese AI startup, built a frontier-grade model for a reported $6 million — a fraction of what U.S. giants spend. The announcement erased nearly $600 billion from Nvidia's market cap in a single day and prompted U.S. officials to call it an AI "Sputnik moment."

31 Jan 2025