A small lab in China has shaken Silicon Valley. The sudden appearance of an advanced AI assistant from DeepSeek, a previously little-known company in the Chinese city of Hangzhou, has sparked discussion and debate within the U.

DeepSeek released an open-source artificial intelligence model in December after saying that it took only two months and less than $6 million to create.

CNN’s Matt Egan reports on a new Chinese AI model called R1, which was created by the company DeepSeek. The R1 model is causing US stocks to drop and is raising questions about US dominance in AI.

DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley.

Nvidia, Broadcom, and Taiwan Semiconductor were among the market's top losers on Monday as the rise of DeepSeek rattled investors.

Wall Street's main indexes opened lower on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other companies that stand to benefit from investments into the technology.

Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China

DeepSeek R1, the surprisingly efficient and powerful Chinese AI model, has taken the technology industry by storm and is rattling nerves on Wall Street.

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Chinese startup DeepSeek was on Monday hit by outages on its website after its AI assistant became the top-rated free application available on Apple's App Store in the United States. The company resolved issues relating to its application programming interface and users' inability to log in to the website,

DeepSeek-R1 is a free, open-source alternative to ChatGPT, featuring advanced reasoning capabilities that mimick human thinking.