DeepSeek Shakes Up The Global AI Market

LONDON, ENGLAND - JANUARY 29: In this photo illustration, the Deepseek logo is seen through a magnifying loupe while displayed on a mobile phone screen on January 29, 2025 in London, England. This week's news that the DeepSeek Chatbot app, developed by China, was downloaded from the Apple app store significantly more times than the US-developed ChatGPT from Open AI, wiped billions off the global tech market. The advent of DeepSeek has shown there is a more viable, efficient, and cost-effective future for AI development in a shift away from the current high cost, high tech model. (Photo by Leon Neal/Getty Images)