Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.

Released by a Chinese startup of the same name, DeepSeek is a free AI chatbot with ambitions to take on the likes of OpenAI’s ChatGPT. There are also new models with some multim

Chinese AI chatbot DeepSeek has displaced OpenAI’s ChatGPT as the most downloaded app on the Apple App store and the market is panicking. Stocks for major AI connected companies like NVIDIA fell on Monday morning following the news.

DeepSeek’s AI models reportedly rival OpenAI’s for a fraction of the cost and compute.

NVIDIA issues a statement regarding Chinese AI company DeepSeek, after its game-changing AI model, says it's an 'excellent AI advancement'.

DeepSeek AI, favored by investors over ChatGPT, uses rapid advancements with cheaper chips as U.S. tech restrictions fuel China’s AI innovation.

The DeepSeek chatbot, known as R1, responds to user queries just like its U.S.-based counterparts. Early testing released by DeepSeek suggests that its quality rivals that of other AI products, while the company says it costs less and uses far fewer specialized chips than do its competitors.

The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer Microsoft.

DeepSeek, a Chinese startup, rocked the AI world after debuting a model that rivaled the capabilities of OpenAI's ChatGPT for a fraction of the price.

Chinese AI company DeepSeek has huge success on the Apple App Store: its AI assistant app is the top free app, beating OpenAI's ChatGPT app.

AI-powered chatbot, DeepSeek’s app quickly topped Apple’s App Store charts, a notable achievement given U.S. restrictions on Chinese access to advanced AI chips. Shares in major tech firms such as Nvidia fell sharply,

The U.S. Commerce Department is looking into whether DeepSeek - the Chinese company whose AI model's performance rocked the tech world - has been using U.S. chips that are not allowed to be shipped to China,