$ETH Strengths of DeepSeek:

* High performance: The DeepSeek-V3 model has been rated capable of answering questions, solving logical problems, and writing code equivalent to other leading AI products.

* Open source: This allows researchers and developers to access and customize the model to suit their needs.

* Affordable pricing: DeepSeek offers a cheaper alternative AI solution compared to competitors.

Impact:

* Financial market: DeepSeek has caused certain fluctuations in the global financial market thanks to its outstanding performance.

* AI industry: DeepSeek is seen as a formidable competitor to major AI companies like OpenAI. The emergence of DeepSeek has spurred the development of the AI industry in general.