Chinese AI chatbot DeepSeek has displaced OpenAI’s ChatGPT as the most downloaded app on the Apple App store and the market is panicking. Stocks for major AI connected companies like NVIDIA fell on Monday morning following the news.

The Chinese firm said training the model cost just $5.6 million. Microsoft alleges DeepSeek ‘distilled’ OpenAI’s work.

DeepSeek, a Chinese startup, rocked the AI world after debuting a model that rivaled the capabilities of OpenAI's ChatGPT for a fraction of the price.

The buzz around Chinese AI startup DeepSeek began picking up steam earlier this month, when the startup released R1, its model that rivals OpenAI's o1.

Chinese AI app DeepSeek is on top of the App Store, challenging Apple Intelligence, and shaking Wall Street confidence in big tech.

Just a few days after China's AI startup DeepSeek launched its latest reasoning model, DeepSeek R1, the company's iOS app surged to the top of Apple's App Store, leaving OpenAI's ChatGPT in second place.

Chinese AI lab DeepSeek's Android app has taken the No. 1 spot on the Google Play Store, days after the chatbot app clinched the top spot on the App Store.

A Chinese start-up has stunned the technology industry—and financial markets—with a cheaper, lower-tech AI assistant that matches the state of the art

A Chinese AI chatbot has made waves recently, and it's now passed ChatGPT to become the top free app on the US App Store.

Following the release of R1, DeepSeek has achieved the number 1 position on the US App Store, overthrowing ChatGPT.

DeepSeek is the new AI model that's on everybody's lips –here's all the latest news on the ChatGPT competitor.

Taking a look at DeepSeek, the Chinese AI model that has topped OpenAI's ChatGPT on the Apple App Store and sent shockwaves through tech