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What is DeepSeek, the AI company upending the stock markets?

Matt O'Brien
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A frenzy over an artificial intelligence chatbot made by Chinese tech start-up DeepSeek upended stock markets on Monday, fuelling debates over the economic and geopolitical competition between the US and China in developing AI technology.

DeepSeek’s AI assistant became the No.1 downloaded free app on Apple’s iPhone store on Monday, propelled by curiosity about the ChatGPT competitor.

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    Original URL: https://www.afr.com/technology/what-is-deepseek-the-chinese-ai-company-upending-the-stock-markets-20250128-p5l7mx