Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending
DeepSeek, a Chinese startup, has created a cost-effective AI technology, the V3 model, using less-advanced chips from Nvidia. This has outperformed top U.S. competitors, raising concerns about the high costs of American companies' AI infrastructure. While this challenges the dominance of U.S. tech giants, there are concerns about data privacy and security hindering DeepSeek's adoption.