DeepSeek jolts markets: why a Chinese AI proved 30 times more efficient than GPT-4
In late January, the little-known Chinese startup DeepSeek found itself in the global spotlight. A modest $5.6m investment in developing a new model turned into a blow to markets — US tech giants collectively lost almost $1 trillion in market value. The arrival of a low-cost alternative to ChatGPT, touted as a “Silicon Valley killer”, […]
