Emergence of DeepSeek

DeepSeek has rapidly emerged as a strong competitor in the AI sector, disrupting expectations with its innovative approach. Founded in 2023, the company has developed an AI model that boasts comparable performance to established giants like OpenAI and Google while operating at a fraction of the cost. Its training investment of approximately $6 million starkly contrasts with the billions spent by other tech companies, creating immediate skepticism about the long-term viability of traditional AI funding strategies. DeepSeek's open-source model further enhances its appeal, allowing developers to access and build on its technology, which has played a role in its swift rise to the top of app store charts.