DeepSeek’s latest models, created by a small company with limited resources, are already beating many of the leading AI models in the United States.

DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.

DeepSeek has already put global tech stocks on track for $1 trillion wipeout.

CNN’s Matt Egan reports on a new Chinese AI model called R1, which was created by the company DeepSeek. The R1 model is causing US stocks to drop and is raising questions about US dominance in AI.

Nvidia, which soared to the top of the stock market by selling the computer chips fueling the world’s artificial intelligence boom, has been dealt a tough reality check by a small Chinese company that showed it could do more

Markets rallied last week but face premarket losses due to AI concerns. A busy week lies ahead with major earnings, economic data, and geopolitical uncertainty.

A chatbot made by Chinese artificial intelligence startup DeepSeek has rocketed to the top of Apple’s App Store charts in the US this week, dethroning OpenAI’s ChatGPT as the most downloaded free app.

A Chinese AI model built on a shoestring budget has shocked Silicon Valley and presented a major challenge to Donald Trump.

DeepSeek has Silicon Valley in awe and stocks in a frenzy.Tech stocks sank in a broad selloff Monday after the Chinese artificial-intelligence upstart said it had trained high-performing AI models cheaply,

DeepSeek, a Chinese AI-chatbot app which launched last week, has sparked chaos in the US markets and raised questions about the future of America's AI dominance. The BBC takes a look at how the app works. DeepSeek looks and feels like any other chatbot, though it leans towards being overly chatty.

Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker Nvidia shed $589 billion in market capitalization.