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The Independent UK

Business

Martyn Landi

What is DeepSeek, the Chinese AI app shaking up the tech market?

DeepSeek United States China Andy Wong Donald Trump Google Gemini Nvidia Silicon Valley

DeepSeek operates in a similar way to OpenAI’s ChatGPT and Google’s Gemini, but its developers say they have spent a fraction of the cost (Andy Wong/AP) - (AP)

A new AI chatbot from China has sent the US stock market tumbling as its apparent performance on a small budget has shaken up the tech landscape.

Called DeepSeek, the app operates in a similar fashion to OpenAI’s ChatGPT and Google’s Gemini, but its developers say they have achieved these results for a fraction of the cost.

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