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Chinese AI DeepSeek Deep-Sixes OpenAI on the App Store, Stocks Tank

DeepSeek

Chinese AI chatbot DeepSeek has outpaced OpenAI’s ChatGPT, becoming the most downloaded app on the Apple App Store. The market is reacting strongly, with stocks for major AI-related companies experiencing significant declines. On Monday, NVIDIA’s share price dropped by 11%, Oracle’s by 8%, and Palantir’s by 5% in the wake of this disruptive news. What […]