28
Jan
Chinese AI startup DeepSeek has made significant advancements, raising questions about the level of American investment needed in artificial intelligence. DeepSeek has developed a free, open-source assistant using lower-cost chips and less data than its American counterparts, including ChatGPT. This development has led to declines in European and U.S. stock market futures, with tech-focused indices such as the Nasdaq Composite and S&P 500 experiencing decreases. Notably, shares in Nvidia fell by 10.3%, and companies like Microsoft, Meta, and Alphabet also faced declines in pre-market trading. DeepSeek's chatbot has topped Apple's U.S. App Store downloads, and its recent AI model training…