Re: "DeepSeek" - China AI App Shakes Up Tech Markets

On Mon, 27 Jan 2025, WokieSux282@ud0s4.net wrote:

https://www.bbc.com/news/live/cjr85l2e4l4t
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https://www.dailymail.co.uk/news/article-14329549/ai-software-tech-google-openai-deepseek-china-startup.html
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Chinese start-up DeepSeek sent big tech companies into a
spiral with the release of its Artificial Intelligence chatbot.
>
DeepSeek's AI Assistant is said to perform on-par with
ChatGPT at a fraction of the price.
>
After its release in January 2025, it quickly became the
most-downloaded free app on the Apple Store.
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The US stock market lost $1 trillion overnight as investors
lost confidence in Western dominance in the AI sector.
>
. . .
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 Chinese developers are very CLEVER, no more
 dismissing them. Apparently this system/interface
 was built WAY cheaper than possible in the West.
>
 That our Big AI interests could be so easily
 undercut has punished the stock markets -
 especially NASDAQ - today.
>
 It remains to be seen if DeepSeek as "as good" as
 Chat and friends - but even if it's just "good
 enough" it represents a PROBLEM.
>
 Somebody DID try feeding it some questions about
 China politics ... and it hedged its answers  :-)

Is it open source? Has anyone compared it fairly? Did china steal the teach and this got a cost advantage? Is it even true?
So many questions!
Regardless, readers of this newsgroup will not surprised when the AI bubble bursts.