Flyer, built a 100 billion yuan ($13.79 billion) portfolio using artificial intelligence models to make investment decisions, but in 2023 decided to change track to focus on developing the most cutting-edge AI.

He told CNBC: "My understanding is that Deepseek has about 50,000 H100s, which they can't talk about obviously because it is against the export controls that the U.S. has put in p

India's IT minister on Thursday praised DeepSeek's progress and said the country will host the Chinese AI lab's large language models on domestic servers, India will host Chinese artificial intelligen

Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field.

Nvidia's market-cap loss on Monday was more than double the previous one-day record, set by Nvidia last September

The performance comes after a steep decline on Monday when tech stocks were hammered amid concerns that a low-cost Chinese artificial intelligence model could threaten the dominance of industry leaders like Nvidia. The sell-off wiped $593 billion off Nvidia’s market value—the largest single-day market-cap loss ever recorded for a US company.

In the ever-evolving landscape of artificial intelligence, a seismic shift occurred last week when DeepSeek, a rising star from Hangzhou, China, unveiled its groundbreaking AI model: DeepSeek-R1. With little warning, this unassuming yet formidable contender sent ripples of disruption through an industry long dominated by Western giants.

Chinese AI startup DeepSeek has surged past OpenAIs ChatGPT in Apples App Store downloads, sparking national pride and raising concerns for U.S. tech giants. The company recently launched a free AI assistant that

There’s been an escalation in the generative AI large language model “wars” as Alibaba Qwen 2.5 launched Wednesday. This latest AI salvo from China-based Alibaba is directly aimed at its in-country rival DeepSeek, which launched its own AI--DeepSeek-V3--in December 2024 and its R1 version in mid-January.

BEIJING — Chinese startup DeepSeek's launch of its latest AI models, which it says are on a par or better than industry-leading models in the United

Apparently, China’s AI also has Chinese survival wisdom.

Chinese bloggers, state media and local citizens have welcomed DeepSeek's global success with pride and glee, with some saying the homegrown AI startup's meteoric rise is a sign China is beating back Washington's attempts to contain the country's tech industry,