China is celebrating DeepSeek, a homegrown startup, for its development of a cheaper and more powerful artificial intelligence model that rivals or outperforms leading US developers. This breakthrough, dubbed 'AI's Sputnik moment,' has sparked national pride and excitement, with many seeing it as a significant step forward for China's tech industry.
As shockwaves from DeepSeek’s cheaper artificial-intelligence model spread around the world, many in China are embracing the homegrown startup as no less than a national breakthrough that has the potential to rewrite history.
DeepSeek’s new open-source AI model rivals or outperforms leading US developers, upending many of the assumptions inside Silicon Valley about the economics of building AI and the extent of America’s lead over competitors in China. The cheer that greeted DeepSeek was the culmination of a series of tech triumphs in recent years that have boosted Chinese citizens’ confidence and pride in domestic talent. The latest breakthroughs ranged from Huawei’s Mate 60 Pro phone that used an advanced chip made locally to social media platform Xiaohongshu.
The US stock rout “shows that US actions including Biden’s tech containment and ban on Nvidia’s export of advanced chips to China have failed completely,” one Weibo user wrote on Tuesday. “Not only it was a failure, they also hurt themselves more than they did their enemy.” Others declared that it’s capable of being their personal therapist or close friend, useful counsel and suggestions at the ready.
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