Chinese start-up DeepSeekhas sent big tech companies into a spiral with the release of its Artificial Intelligence chatbot.
DeepSeek’s AI Assistant is said to perform on-par with ChatGPT at a fraction of the price.
After its release in January 2025, it quickly became the most-downloaded free app on the Apple Store – beating rivals like ChatGPT.
The US stock market lost $1trillion overnight as investors lost confidence in Western dominance in the AI sector.
Here, MailOnline answers some of the key questions relating to the chatbot:
What is DeepSeek?
DeepSeek in a Chinese start-up that develops open-source AI models, meaning the developer community can inspect and improve the software.
The company unveiled its first AI model in November 2023, followed by DeepSeek-V2 in May 2024 and DeepSeek-V3 in December 2024.
Then, on January 20, 2025, DeepSeek-R1 was released, which topped the Apple Store’s most popular free apps list as of January 27.
DeepSeek’s latest AI Assistant is said to perform comparably with OpenAI‘s most recent ChatGPT release.
DeepSeek (logo pictured) sent…