DeepSeek -- the Chinese AI that sparked a stock market panic

Quick Summary:

Today has seen millions of dollars wiped off US market tech stocks by the launch of DeepSeek, the latest Chinese AI that threatens US dominance in the sector.

DeepSeek also says that its v3 model, released in December, cost less than $6 million to train, less than a tenth of what Meta spent on its most recent system.

This is partly because DeepSeek can run on much less powerful hardware than rivals such as OpenAI's o1.

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Article Details

Author / Journalist: Ian Barker

Category: Technology

Markets: United StatesChinaTaiwan

Topics: Censorship Article IOS Android Stock market Artificial General Intelligence Artificial Intelligence (AI) LLM DeepSeek

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-27 @ 16:16:36 (4 days ago)

News Timezone: GMT +8:00

News Source URL: betanews.com

Language: English

Article Length: 390 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BetaNews

News ID: 25625918

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About BetaNews

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Year Established: 1992

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News Last Updated: 1 days ago

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