A Chinese AI app that's artificial intelligence, called Deep Seek, has caught the attention of the entire tech industry and the world. It was released on 20 January and has quickly risen to the top of Apple Store's download charts. What makes Deep Seek so special is that the company claims the latest model was built using only $5.6 million, whereas OpenAI - that's Chat GPT's developer - spent $5 billion last year alone. Deep Seek's entry into the market has caused the value of other tech stocks, such as Nvidia's, to fall dramatically.
And our first headline is about the reaction from the AI industry. And the headline is, why is the AI world 'freaking out' over China's Deep, Seek? That's from the Japan Times. OK, that headline again from the Japan Times. Why is the AI world 'freaking out' over China's Deep, Seek?
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