#DeepSeekImpact DeepSeek, a Chinese artificial intelligence (AI) company founded in 2023, has recently made significant advancements in AI technology, particularly with its latest model, DeepSeek V3. This model has demonstrated high performance while being developed at a fraction of the cost typically associated with such innovations.

The company's breakthroughs have had a notable impact on the technology sector. For instance, UBS has advised investors to "stay calm, buy on dips" regarding tech stocks amid a DeepSeek-led sell-off. Additionally, DeepSeek's advancements have raised concerns about Nvidia's growth prospects, as the company achieved significant breakthroughs using constrained, cheaper Nvidia chips. This development has implications for Indian mutual funds with exposure to Nvidia stock.

Overall, DeepSeek's emergence has introduced new dynamics in the AI industry, prompting investors and stakeholders to reassess their positions in the tech market.