DeepSeek has rapidly risen to prominence, claiming the top spot in the App Store in the US and 51 other countries since its 2023 launch. Its success largely stems from the DeepSeek R1 model, which reportedly competes with leading Western AI technologies while using limited resources. This surge has caused a significant stock drop for Nvidia, highlighting the challenges of US export restrictions on AI technology. Despite facing DDoS attacks, DeepSeek continues to operate under restrictions on new user sign-ups, triggering concern among tech giants like Apple and Microsoft.
Coming seemingly out of nowhere, DeepSeek has already climbed to the top of the free apps list on the Apple App Store in the US.
DeepSeek is quite new, only founded in 2023, and it released several AI models. However, it is the latest model, DeepSeek R1, which caused the storm.
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