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The emergence of low-cost AI chatbot DeepSeek has sent the tech world into frenzy. Nvidia, which designs and builds graphics processing units used in AI, saw its share price fall 17 per cent - slashing almost one trillion dollars off its value. But what is DeepSeek, and how did this small Chinese startup ignite such drastic investor concern?
By ABC News4.4
77 ratings
The emergence of low-cost AI chatbot DeepSeek has sent the tech world into frenzy. Nvidia, which designs and builds graphics processing units used in AI, saw its share price fall 17 per cent - slashing almost one trillion dollars off its value. But what is DeepSeek, and how did this small Chinese startup ignite such drastic investor concern?

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