DeepSeek: Open-source AI and the end of the monopoly of big tech companies
Chinese AI Company DeepSeek is making waves around the world as its open-source. AI model is challenging the monopoly of big tech companies and bringing about a significant shift towards new developments. Stock markets fell sharply, especially the tech-heavy NASDAQ, which fell by about 3% This decline is believed to be due to the global attention being drawn by new AI models from Chinese AI start-up DeepSeek.