May 9, 2025 News

DeepSeek Emerges as Chinese AI Competitor with Advanced Models Despite Export Restrictions

DeepSeek, a Chinese AI lab backed by High-Flyer Capital Management, has gained international attention after its chatbot app topped app store charts. The company has developed cost-efficient AI models that perform well against Western competitors, raising questions about the US lead in AI development while facing restrictions due to Chinese government censorship requirements.