DeepSeek: Chinese AI firm sending shock waves through US tech

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DeepSeek: Chinese AI firm sending shock waves through US tech
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BEIJING, China — Chinese firm DeepSeek's artificial intelligence chatbot has soared to the top of the Apple Store's download charts, stunning industry insiders and analysts with its ability to match its US competitors.

BEIJING, China — Chinese firm DeepSeek's artificial intelligence chatbot has soared to the top of the Apple Store's download charts, stunning industry insiders and analysts with its ability to match its US competitors.The programme has shaken up the tech industry and hit US titans including Nvidia, the AI chip juggernaut that saw nearly $600 billion of its market value erased, the most ever for one day on Wall Street.

Shares in major tech firms in the United States and Japan have tumbled as the industry takes stock of the challenge from DeepSeek.Chip making giant Nvidia -- the world's dominant supplier of AI hardware and software -- closed down seventeen percent on Wall Street on Monday.

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Chinese AI Firm Sending Shock Waves Through US Tech

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