DeepSeek is a Chinese-owned AI startup and has developed its latest LLMs (called DeepSeek-V3 and DeepSeek-R1) to be on a par with rivals ChatGPT-4o and ChatGPT -o1 while costing a fraction of the price for its API connections. And because of the way it works, DeepSeek uses far less computing power to process queries.

Chinese tech startup DeepSeek’s new artificial intelligence chatbot has sparked discussions about the competition between China and the U.S. in AI development, with many users flocking to test the riv

Heavy hitters of U.S. tech have taken a tremendous blow as a new, cheap AI model was shown to outperform far more expensive bots