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DeepSeek disrupts AI landscape as Nvidia shares plummet amid competition
DeepSeek, a Chinese startup founded in 2023, has rapidly gained prominence in AI with its DeepSeek-R1 model, outperforming major Western competitors despite limited resources. Its app has become the most downloaded in both China and the U.S., raising concerns among tech giants like Nvidia, which saw a 12% drop in shares. However, strict Chinese censorship laws may hinder its international expansion, posing challenges for its revolutionary potential in the AI landscape.
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