Social media exploded in a celebration after the news that a Chinese start-up had made an artificial intelligence tool that was more efficient than any in the United States.
U.S. companies were spooked when the Chinese startup released models said to match or outperform leading American ones at a fraction of the cost.
Chinese startup DeepSeek has shaken financial markets by presenting a new artificial intelligence (AI) model. The company from China unexpectedly caused a drop in stocks of Silicon Valley tech companies on Wall Street.
Liang Wenfeng, the founder of China’s chatbot app DeepSeek, has become a sensation overnight. He is being dubbed as the ‘AI hero’. But Liang is not alone. Meet his team of young talent which boasts of Luo Fuli,
Chinese Premier Li Qiang on Sunday held a symposium at the Great Hall of the People with representatives of foreign experts who have won the 2024 Chinese Government Friendship Award and those who are working in China.
In some ways, DeepSeek was far less censored than most Chinese platforms, offering answers with keywords that would often be quickly scrubbed on domestic social media. Other times, the program eventually censored itself.
China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time. Unprecedented, far worse than "Japanification."
Australia is now more dependent on a single market than it has ever been since the late 1940s when our biggest customer was the United Kingdom.
Prime Minister Nikol Pashinyan of Armenia sent congratulatory messages to President Xi Jinping and Premier Li Qiang of China on the occasion of the Chinese New Year. The message to Xi Jinping states as follows,
The airport is expected to boost trade and connectivity, but also intensifies India’s concerns about China’s potential military presence in the region.
DeepSeek threatens to disrupt the AI sector in a similar way to how Chinese companies have already upended industries such as EVs and mining.
Chinese startup DeepSeek has caused a massive stir in the AI world, with Donald Trump looking set for another TikTok-style headache amid concerns over DeepSeek's competitive edge and privacy policies. Newsweek has contacted the Trump-Vance administration and DeepSeek, via email, for comment.