DeepSeek ignites AI frenzy
Jan 27 2025
25 mins
The emergence of low-cost AI chatbot DeepSeek has sent the tech world into frenzy. Nvidia, which designs and builds graphics processing units used in AI, saw its share price fall 17 per cent - slashing almost one trillion dollars off its value. But what is DeepSeek, and how did this small Chinese startup ignite such drastic investor concern?