DeepSeek’s iOS App Overtakes ChatGPT on App Store, Tech Leaders React to the Open-Source AI Model’s Rise

DeepSeek for iOS has overtaken OpenAI’s ChatGPT to top the App Store’s “Top free apps” chart in the US. The eponymous Chinese company released the open-source DeepSeek-R1 artificial intelligence (AI) model last week, which outperforms OpenAI’s o1 AI model in several benchmarks. This release has made the company and its AI chatbot the talk of … Read more

Microsoft, Meta Back Big AI Spending Despite DeepSeek’s Low Costs

Days after Chinese startup DeepSeek’s breakthrough low-cost AI computing shook the US technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying competitive in the new field. DeepSeek’s quick advances with models that it claimed can match or even outperform Western rivals at a fraction of the cost stirred … Read more