DeepSeek AI: What you need to know about the ChatGPT rival

In a mere week, DeepSeek's R1 large language model has dethroned ChatGPT on the App Store, shaken up the stock market, and posed a serious threat to OpenAI and, by extension, U.S. dominance of the AI industry. Last Monday, Chinese AI company DeepSeek released an open-source LLM called DeepSeek R1, becoming the buzziest AI chatbot since ChatGPT. It's purportedly just as good — if not better — than OpenAI's models, cheaper to use, and allegedly developed with way fe