🚨Good News Alert 🚨

Deepseek is an AI technology and company from China. The company was founded in 2023 by Liang Wenfeng in Hangzhou. Deepseek became a concern after the launch of their platform which caused Nvidia and ASML's stock prices to plummet.

Deepseek uses semiconductor chips that are not as advanced as Nvidia's chips. In developing AI models, Deepseek optimizes the use of resources efficiently. For example, to train a chatbot, Deepseek only needs about 2,000 custom chips from Nvidia's H800 series, while other leading AI companies can use up to 16,000 integrated circuits.

Deepseek's business model focuses on research without short-term commercial pressures. This allows them to experiment and innovate more freely, resulting in efficient and cost-effective models. #DeepSeekImpact