China's DeepSeek AI Emerges as a Global Competitor in Large Language Models

The open-source AI platform challenges U.S. dominance, gains widespread adoption, and raises concerns over job displacement.

• DeepSeek, a Chinese AI company, has developed a cost-effective and high-performing large language model, DeepSeek-R1, rivaling ChatGPT and Google Gemini.
• The app has become the most downloaded on iOS in both the U.S. and India, signaling its rapid global popularity and adoption.
• DeepSeek employs innovative techniques like Mixture of Experts architecture, 8-bit floating point training, and distillation to reduce costs and improve efficiency.
• Chinese companies across industries, from telecom to automakers, and even local governments, are integrating DeepSeek into their operations to enhance efficiency.
• The rise of DeepSeek has sparked concerns about job displacement, as AI tools begin to automate tasks traditionally performed by humans, including government roles.

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