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China’s DeepSeek Unravels America’s AI Industry
A Chinese AI company called DeepSeek has reached the capabilities of OpenAI, Meta, Google, and Anthropic for a fraction of the cost and computing power — putting those other companies’ call for nearly unlimited funding and resources to compete with China into question. Why It Hurts: The success of DeepSeek’s models is sending shockwaves across the AI industry and greater financial […]