AI Deepseek Ai’s Chinese Assistant becomes the highest app for free iPhone as American technological stocks are taking a hit

Chinese assistant AI Deepseek has become a Free app with the highest rating At the Apple app store in the US and elsewhere, beating Chatgpt and other rivals. Powered by the open source Deepseek V3, which according to messages requires far less computing power than competitors and has been developed for less than $ 6 million, according to (contested) Claims from the company. At the same time he offers an performance that is equally Claude-3.5, GPT-4O and other rivals, Deepseek said last weekS

The news that Deepseek tops the App Store charts caused a sharp decline in technological stocks such as NVIDIA and ASML this morning. Google’s Alphabet and Microsoft were also downloaded this morning. As New York Times notesThe total NASDAQ and the S&P 500 also dropped out, and markets in Europe and Japan also took a little hit.

Available on the network, App and API, Deepseek is similar to AI assistant such as Chatgpt with features such as encoding content and research. Its first edition of the Deepseek-R1 is available under a MIT license, so it can be used on the commercial network and without restrictions.

The company is headquartered in Hangzhou, China and was founded in 2023 by Liang Venfeng, which also launched the Hedge Fonda supporting Deepeek. To develop the technology, he reported that he had stocking the NVIDIA A100 chips before US exports to and have paired those with less powerful chips that can still be imported as per Mit technological reviewS

However, Deepseek was still in significant disadvantaged hardware to rival models from Openai, Google and others. This forced the company to be more efficient with its AI models, and it seemed to be able to build and train them at a far lower price than it was considered possible.

CITI analysts and elsewhere have asked these statements in questionAlthough he pointed out that China is a “more resistant environment” for the development of AI from the United States. However, Deepseek’s rise has sparked concerns about potential profits of rivals such as Openai, who have already invested billions in II infrastructure.

However, all the attention today around Deepseek seems to have attracted some bad actors. According to CNBCDeepseek says it temporarily restricts the service for the service in the light of “large -scale malicious attacks”. However, existing users must be able to enter as usual. But if all the buzzing around the tool has made you want to check it, you may need to be patient.

Update, January 27, 2025, 11:47 pm et: This story has been updated with details about the Deepseek cyber-attack, which has limited registrations for the service.

Update, January 27, 2025, 11:27 pm et: This story and its title were updated with more details about the rates of stock prices they seem to have been affected this morning in connection with the news around Deepseek.

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