DeepSeek: Everything you need to know about the AI chatbot app
Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose to the top of the Apple App Store charts. DeepSeek is backed by High-Flyer Capital Management, a Chinese quantitative hedge fund that uses AI to inform its trading decisions.
What is DeepSeek? The AI chatbot is topping app store charts
The DeepSeek chatbot, known as R1, responds to user queries just like its U.S.-based counterparts. Early testing released by DeepSeek suggests that its quality rivals that of other AI products, while the company says it costs less and uses far fewer specialized chips than do its competitors.
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Observers are eager to see whether the Chinese company has matched America's leading AI companies at a fraction of the cost.
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The startup DeepSeek was founded in 2023 in Hangzhou, China and released its first AI large language model later that year.
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