DeepSeek surges to #1 on Apple app store, shakes up US tech stocks

Posted under: Online Security
Date: 2025-01-27
DeepSeek Tops App Store, Shakes US Tech| Justo Global

DeepSeek, the new kid on the artificial intelligence (AI) block, has shot to the top of Apple's App Store in terms of downloads, sending fears up the Silicon Valley with its sudden popularity. The company's claim that it cost a fraction to train and develop these competitive AI models shook up global markets. Tech and chip firms were among the big losers in Tokyo as the Nikkei ended the morning in negative territory.