DeepSeek has gone viral. Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose to the top of the Apple App Store charts (and Google Play, as well). DeepSeek’s AI models, which were trained using compute-efficient techniques, have led Wall Street analysts — and technologists — to question whether the U.S. can maintain its […] © 2024 TechCrunch. All rights reserved. For personal use only.
DeepSeek, an AI chatbot app developed by a Chinese company, has surged in popularity, topping the Apple App Store and Google Play charts. Founded by Liang Wenfeng, who established High-Flyer Capital Management in 2015, DeepSeek operates independently since 2023. The company built its own data centers but faced limitations due to U.S. sanctions, using less powerful AI chips. DeepSeek's models, including DeepSeek-V2 and V3, are efficient and cost-effective, outperforming competitors and prompting price reductions from rivals like ByteDance and Alibaba. However, as a Chinese entity, DeepSeek's models must adhere to socialist values, restricting certain topics. Despite its unclear business model, DeepSeek's models are popular among developers. Its success has affected global tech companies, including Nvidia, Microsoft, and Meta. DeepSeek's future remains uncertain amid geopolitical tensions.
