China's new DeepSeek R1 language model has been shaking things up by reportedly matching or even beating the performance of established rivals including OpenAI while using far fewer GPUs. Nvidia's response?

Got the impression that a bazillion dollar's worth of GPUs are required to run a cutting-edge chatbot? Think again. Matthew Carrigan, an engineer at AI tools outfit HuggingFace, claims that you can run the hot new DeepSeek R1 LLM on just $6,

Technology stocks were rocked to their core Monday after claims made by a Chinese start-up threatened to upend the existing artificial intelligence (AI) paradigm.

DeepSeek’s AI models reportedly rival OpenAI’s for a fraction of the cost and compute.

In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.

Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.

The DeepSeek chatbot, known as R1, responds to user queries just like its U.S.-based counterparts. Early testing released by DeepSeek suggests that its quality rivals that of other AI products, while the company says it costs less and uses far fewer specialized chips than do its competitors.

A CHEAP AI-powered chatbot from China has sent shockwaves around the world, causing panic for Western tech firms who thought they were leaps ahead in the artificial intelligence race. The DeepSeek

What some are calling "AI's Sputnik moment" slammed the US tech sector this week, as a small Chinese firm demonstrated a dramatic breakthrough that raised questions about the need for massive amounts of investment in chatbots, data centers and specialized AI chips.

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In a turbulent week for US tech, the Silicon Valley giant last night posted a 4% jump in sales for the three months to December.