Recently, a new China’s new AI startup company Deepsek has created a stir worldwide. On January 28, the stock and crypto market have seen a huge decline since the arrival of this AI generation. The success of this AI startup not only Cryptocurrency The market rather was also a reason for a decline in the area of stock market and AI Cash. Deepseek AI is now being considered a strong competition compared to Openai’s Chatgpt, Google’s Gemini and X’s Grokai. Let us know in detail what it is and how it caused a decline in the market.
How did Deepsek AI start and what was its effect?
Deepseek is an AI startup of China which has recently been launched with its AI model called Deepseek-V3. This model has created a stir in the global AI market due to its advanced features and low fees. Deepsek-V3 has been developed with a cost of only $ 6 million, while US companies such as Openai and Google spend millions of dollars to make their AI generation. This affordable model of Deepseek has raised anxiety in investors, causing a steep decline in crypto and stock markets.
Features of Deepseek
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Cost friendly, Deepsek-V3 has been developed in very rare cost. Its functioning process is less costly than other American AI models, as it uses low power hardware.
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Open-source model, Deepsek is also open-source, ie its code is publicly available. With this, users can revise it and do research work.
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Outstanding performance, Deepsek has proved its potential in Independent Benchmark Tests. It has overtaken Chatgpt and other American AI companies in some special tasks such as problems solutions and coding.
How did Deepsek become the reason for market crash?
Deepseek AI gained rapid popularity in the market when the top downloaded app on the Apple App Collect in a few days of its launch. Subsequently, the Cryptocurrency Market declined by 6.49% and AI Cash saw a decline of about 10%. Along with this, the NASDAQ 100 and S&P 500 futures also declined, which increased the market in the market.
It is worth noting that Deepsek has reduced its cost significantly in AI Chips. While other American companies such as Nvidia, Arm and Qualcomm are dependent on expensive AI chips, Deepsek has used low cost chips. This created fear in the market that if Deepsek competed with American companies, their market share could fall.
Conclusion
Deepsek Synthetic insigt The field of its own has a strong identity and it can potentially challenge the domination of American companies. Its affordable model and open-source approach have made it a major force in the global market. However, it has also increased anxiety and fear in the market, as investors are afraid that it will affect the market share of American AI companies. But experts believe that every new technology brings some risk and change and over time it will provide a chance for not only challenge but also innovation.
