Entrepreneur Marc Andreessen, known for co-writing Mosaic, one of the world’s first web browsers, wrote Sunday on X that “DeepSeek R1 is AI’s Sputnik moment,” likening it to the space race between the U.S. and the Soviet Union and the event that forced the U.S. to realize that its technological abilities were not unassailable.

Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive performance against rivals like OpenAI and Meta.

The little-known artificial intelligence firm has emphasized research, even as it emerged as the brainchild of a hedge fund.

Chinese startup DeepSeek, which has sparked panic on Wall Street with its powerful new chatbot developed at a fraction of the cost of its competitors, was founded by a hedgefund whizz-kid who believes AI can change the world.

DeepSeek was founded in 2023 by Liang Wenfeng, an entrepreneur who also established the Chinese stock trading firm High-Flyer. DeepSeek attracted attention when

U.S. President Donald Trump said on Monday that Chinese startup DeepSeek's technology should act as spur for American companies and said it was good that companies in China have come up with a cheaper,

SINGAPORE—The unexpected success of Chinese AI startup DeepSeek has revealed cracks in U.S. efforts to contain China’s technology ambitions, challenging both Washington and Silicon Valley to rethink how best to preserve American supremacy.

Scale AI CEO Alexandr Wang said during an interview with CNBC on Thursday, without providing evidence, that DeepSeek has 50,000 Nvidia H100 chips, which he claimed would not be di