DeepSeek surpasses ChatGPT to take the number one spot in the App Store.

According to the Vietnam News Agency correspondent in Washington, DeepSeek, an artificial intelligence application from a Chinese startup, has caused a major stir in the US market. Immediately after its release, the application surpassed ChatGPT to become number one in Apple's App Store.

Despite the US ban on semiconductor chip exports, Chinese companies have successfully developed low-cost, high-performance artificial intelligence (AI) models. The impressive launch of DeepSeek, founded by Liang Wenfeng, caused a sharp drop in the stock prices of US tech giants like NVIDIA.

On the New York Stock Exchange on January 27th (local time), NVIDIA shares plummeted by 17%, while TSMC (Taiwan) dropped 13%. The decline in AI stocks dragged down the New York stock market. The NASDAQ index plunged 3%, and the S&P 500 fell nearly 1.5%. Billionaires with assets related to artificial intelligence suffered the biggest losses on the first day of the week, with Nvidia CEO Jensen Huang seeing his wealth decrease by $20.1 billion, Oracle founder Larry Ellison by $22.6 billion, CEO Michael Dell losing $13 billion, and Binance co-founder Changpeng Zhao dropping $12.1 billion.

Last week, DeepSeek announced its "R1" AI model, which has similar features to ChatGPT – OpenAI's generative AI model. While OpenAI and Meta spent billions of dollars developing it, DeepSeek only spent $5.6 million. Unable to import expensive, cutting-edge semiconductor chips from NVIDIA, the Chinese startup had to substitute them with cheaper, older-generation chips.

Experts believe DeepSeek's AI model will be a new turning point in artificial intelligence innovation. There are growing concerns that the position of major American tech companies in the AI ​​market is being shaken. The US embargo has had a counterproductive effect, forcing Chinese businesses to actively develop low-cost AI models.

Mathew Oldham, Director of AI Infrastructure at Meta, commented that DeepSeek's new model could outperform the next version of Llama AI, expected to be released in early 2025. Yann LeCun, Director of AI Science at Meta, assessed that DeepSeek's success demonstrates that open-source AI models are surpassing proprietary products.

Regarding the AI ​​boom from China, US President Donald Trump on January 27th assessed it as a "positive development" and a wake-up call for the American industry, as everyone wants to spend less money but get similar results.

According to VNA

Source: https://doanhnghiepvn.vn/cong-nghe/deepseek-vuot-qua-chatgpt-de-dung-so-mot-trong-app-store/20250128112058111