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Politics

Daria Solovieva

FOUND: This ai chatbot is rattling big tech - You Need To See This

DeepSeek Liang Wenfeng Nvidia TikTok Donald Trump United States Apple Google Oracle

An artificial intelligence chatbot from Chinese startup DeepSeek is upending assumptions that U.S. tech giants hold a firm grip on AI development, leading to a stock market shakeup and renewed concerns over national security.

DeepSeek's bot assistant became the No. 1 downloaded free app on Apple’s iPhone store on Monday, outpacing OpenAI's ChatGPT. AI-related companies like Nvidia, Microsoft and Oracle saw sharp declines as DeepSeek's rally erased nearly $1.2 trillion in market capitalization value from global stock names, according to Bloomberg data.

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