#DeepSeekImpact

DeepSeek, a Chinese AI startup, has disrupted the tech industry with its innovative AI models that rival those of Nvidia and OpenAI. Founded by Liang Wenfeng, DeepSeek's models, V3 and R1, use fewer and less advanced Nvidia chips, raising questions about the necessity of high-cost hardware. This breakthrough led to a 17% plunge in Nvidia's stock, significantly impacting the market. Investors are now reconsidering the value of AI stocks, while analysts predict a shift toward cost-effective AI solutions. DeepSeek's open-source approach may lead to widespread adoption and innovation in the AI industry.