A Chinese artificial-intelligence lab released a new language model named DeepSeek R1 last week—it could possibly upend the bull market.So, what is DeepSeek? It’s a very good model and chatbot, in the same general category as ChatGPT’s top available model,

DeepSeek has boomed in popularity after its successful launch, breaking into the U.S. artificial intelligence market from China.

Chinese artificial intelligence start-up DeepSeek has overtaken rivals including OpenAI's ChatGPT to become the most downloaded free application in the United States. The results sent a shock wave through the AI sector worldwide and cast doubt on whether US technology firms could sustain their leadership position.

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.

Universal Music Group (UMG) , the world's biggest music label, and Swedish streaming giant Spotify have reached a new multi-year agreement for recorded music and music publishing, they said on Sunday.

The tech-heavy Nasdaq index lost nearly 2.7 percent in early trading, with chipmaker Nvidia down nearly 12 percent.

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.

Chinese artificial intelligence (AI) start-up DeepSeek's chatbot app has dethroned OpenAI's ChatGPT to claim the top spot on the US iOS App Store, a development that could potentially change the AI landscape due to its open-sourced approach.