Overview

Wow, crazy times, the best technology in the world is now becoming incredibly cheap and accessible to everyone! 🤯

DeepSeek’s AI chatbot has become the top free app on Apple’s store since its January launch. This rapid success, fuelled by DeepSeek’s cost-effectiveness compared to US competitors, has sent shockwaves through financial markets.

Venture capitalist Marc Andreessen has lauded DeepSeek’s AI as a “groundbreaking achievement”, while the company claims its models rival industry leaders like ChatGPT at a fraction of the cost. DeepSeek reportedly invested only $6 million in its development, a stark contrast to the billions spent by US AI companies.

Since the initial R1 release in January 2025, DeepSeek has continued iterating with improved models including DeepSeek V3 and other variants, establishing itself as a significant competitor in the open-source and cost-efficient AI space.

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