China's DeepSeek Surpasses US Rivals: A New Era of AI Innovation Begins

Chinese AI startup DeepSeek is making headlines with its revolutionary models, DeepSeek-V3 and DeepSeek-R1, which are reportedly outperforming established competitors like OpenAI's ChatGPT. Launched at a fraction of the cost—less than $6 million—these models are disrupting the AI landscape, challenging U.S. dominance in the sector. DeepSeek's AI Assistant has even topped the Apple App Store in the U.S., signaling a significant shift in global tech dynamics. This breakthrough has raised concerns among investors, particularly affecting stocks like Nvidia, as the competitive landscape evolves. 
Source: Times of India, Money Control, Business Today