PRC SEEKS WORLD DOMINATION WITH DEEPSEEK

PRC is now right in the forefront of the AI battle and is trying to dislodge, perhaps successfully, the US hold on high-tech.

- Joyeeta Basu

The arrival of China's DeepSeek has taken the worldwide-web by storm. It is a Chinese artificial intelligence (AI) startup which has been developing and releasing open-source large language models (LLMs). The apparent aim of DeepSeek is to democratize AI by allowing developers to base independent models of AI on this open-source, free of cost. This allows this low cost, high performance AI freely available to users. No wonder DeepSeek's arrival has raised questions about the western AI models, with the stocks of companies like Nvidia losing $600 billion in value in just one day because of the high cost involved in their models as well as over fears that there will be less demand for high-end AI chips. No wonder DeepSeek wiped off $1 trillion from the US stock markets in a single day.