Chinese AI startup DeepSeek dethroned OpenAI's ChatGPT as the most downloaded free app on Apple's App Store, driving global tech stock sell-offs. DeepSeek's AI Assistant has garnered widespread acclaim for performance and accessibility. Analysts and industry leaders view DeepSeek's success as a turning point in the generative AI race, raising questions about open-source versus proprietary models, U.S. chip export restrictions, and the sector's financial sustainability.
Category
🗞
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Chinese AI startup DeepSeek dethroned OpenAI's ChadGBT as the most downloaded free app on
00:08Apple's App Store, driving tech stocks' sell-offs. DeepSeek's AI assistant has garnered widespread
00:14acclaim for performance and accessibility. Analysts and industry leaders view DeepSeek's
00:19success as a turning point in the generative AI race, raising questions about open-source
00:24versus proprietary models, U.S. chip export restrictions, and the sector's financial
00:30sustainability. For all things money, visit Benzinga.com slash GSTV.