U.S. equity markets are set to open deep in the red as investors begin to digest the significance of DeepSeek’s AI reasoning model R1.

The evidence so far suggests that lofty proclamations about AI doubling human lifespans and attaining superintelligence before the next Olympics are blustering attempts to woo more investors, says Alix Dunn, founder and CEO of Computer Says Maybe, a technology policy organization.

Venture capitalists plowed money into A.I. start-ups like OpenAI and Anthropic. But the rise of the Chinese A.I. start-up DeepSeek has called that funding frenzy into question.

Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz about DeepSeek.

DeepSeek, a Chinese AI startup founded less than a year ago, has introduced its breakthrough AI model, DeepSeek R1, which is gaining attention for its performance and cost-efficiency, Reported CNN/ The model has nearly the same capabilities as other leading AI systems,

Since Chinese AI company DeepSeek released an open version of its reasoning model R1 at the beginning of this week, many in the tech industry have been

DeepSeek R1, the surprisingly efficient and powerful Chinese AI model, has taken the technology industry by storm and is rattling nerves on Wall Street.

DeepSeek caused waves all over the world on Monday as one of its accomplishments — that it had created a very powerful A.I. model with far less money than many A.I. experts thought possible — raised a host of questions, including whether U.S. companies were even competitive in A.I. anymore.

Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.

DeepSeek’s low-cost innovation could reshape how AI models are developed, challenging industry norms and igniting a global conversation about the accessibility of high-performance AI.

Now Marc Andreessen, a tech community legend whose ... s Sputnik moment,” Andreessen posted on Sunday. The release of OpenAI’s ChatGPT in November 2022 took the world by storm, launching ...

DeepSeek, the Chinese artificial intelligence startup that sent tech stocks reeling this week, sparked fresh concerns about U.S. companies losing