Your Shortcut to... DeepSeek and the US/China AI race
A new Chinese artificial intelligence app sent the tech world into a spin this week when investors realised a competitor to ChatGPT had been produced at a fraction of the cost… Almost a trillion US dollars was wiped from global markets within days, and a reckoning about the huge sums of money spent on AI by US tech giants is now underway. So in this Squiz Shortcut, we’ll look at what the Chinese model - called DeepSeek R1 - does, who’s behind it, and what it could mean for the AI race between the US and China.
Squiz Recommends
Listening: This episode of Bloomberg’s Big Take podcast - produced…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.