
KEY POINTS
- DeepSeek claimed that it developed its AI chatbot with a budget of less than $6 million
- Questions emerged on the reasoning of companies pledging billions toward AI development
- AI tokens that 'align' with DeepSeek's funding model to bring 'cheaper and functional' AI will 'stand the test of time': O.XYZ Founder
DeepSeek, the artificial intelligence chatbot from a Chinese firm that shook U.S. tech stocks hard and also rocked the AI cryptocurrency token circle to the core over the weekend, appeared to be a thorn on the side of American tech and was indeed a "wake-up call."