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It was clear how it was recognized – the US stock markets: Nvidia shares fell by almost 17 percent at the beginning of the week. This destroyed 589 billion dollars in market capitalization – something that had never been seen before in the history of Wall Street.
Over the weekend, word of the AI model's success spread rapidly – the AI assistant's app has now reached number one in the Apple App Store. This pushed ChatGPT down to second place.
Behind the operation is 40-year-old computer science engineer Liang Wenfeng from the southern Chinese province of Guangdong. His goal was to develop mathematical and AI-supported trading strategies.
Concise and local
The models R1 and six smaller versions that can run on laptops have been developed. According to DeepSeek, they even outperform OpenAIs 01-mini in certain benchmarks. This opens up a new path that brings AI applications from mainframes to local application scenarios.
Two years ago, OpenAI was at the center of the hype surrounding artificial intelligence with its chatbot, and was seen as a symbol of the US's technological dominance. But now that DeepSeek has entered the market without warning and has been able to catch up with the industry leaders from Silicon Valley, it is causing uncertainty among investors, tech executives and politicians.