Chinese tech firm DeepSeek launched a free assistant it says uses less data at a fraction of the cost of the major players in the industry, sending Nvidia and Oracle stocks plummeting. Leave a comment on any of our posts in the box below.
A discount Chinese AI chatbot has caused chaos in the technology market, casting doubt on the dominance of US companies.DeepSeek launched a free assistant it says uses less data at a fraction of the cost of the major players in the industry, sending the likes of Nvidia and Oracle stocks plummeting.Wall Street tech stocks are heading for a $1trn sell off, some analysts suggested.
Little is known about the small Hangzhou company behind the model, but its researchers claim it spent less that $6m to train the chatbot.
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