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Chinese AI lab DeepSeek upended the artificial intelligence market following the release of its R1 large language model.

DeepSeek Launch, Intel’s Price Cuts The unveiling of China’s new resource-light AI model, DeepSeek, roiled the U.S. big semiconductor stocks earlier this week.

Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.

The startup DeepSeek was founded in 2023 in Hangzhou, China and released its first AI large language model later that year.