China's DeepSeek AI dethrones ChatGPT on App Store: Here's what you should know
Publishing timestamp: 2025-01-27 15:13:49
Summary
Chinese AI startup DeepSeek overtakes OpenAI as most-downloaded free app in U.S., causing global tech stocks to sell off. DeepSeek's R1 reasoning model receives praise for performance and reasoning capabilities. Questions arise about the cost of AI models and the future of the industry. President Trump announces joint venture with OpenAI, Oracle, and SoftBank to invest billions in U.S. AI infrastructure. Other tech giants and startups are also focusing on developing agentic AI models.
Sentiment: MIXED
Tickers: ARM, META, 9984.T-JP, GOOGL, GOOG, AAPL, ASML, AMZN, ORCL, MSFT, NVDA,
Keywords: artificial intelligence, alphabet inc, technology, microsoft corp, generative ai, asml holding nv, apple inc, nvidia corp, business news, breaking news: technology, meta platforms inc, donald j. trump,
Source: https://www.cnbc.com/2025/01/27/chinas-deepseek-ai-tops-chatgpt-app-store-what-you-should-know.html