New OpenAI Competitor: Chinese AI Startup Unveils Game-Changing Model

A new player has entered the AI arena—DeepSeek, a Chinese startup, has launched a powerful open-source AI model poised to challenge OpenAI’s dominance.

Here’s why everyone is talking about it:

• Cost Efficiency: DeepSeek processes 1 million tokens for $2.19, compared to OpenAI’s $60 per 1 million tokens. This drastic cost difference has shaken the market.

• Impact on Nvidia: Bearish sentiment has hit Nvidia and other AI-related companies, dragging the tech market down.

• Massive Popularity: The DeepSeek app is already leading download charts in the US on the Apple Store and Google Play.

This move highlights the growing competition in AI innovation and the global race to lead the industry.

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