Chinese AI chatbot DeepSeek has displaced OpenAI’s ChatGPT as the most downloaded app on the Apple App store and the market is panicking. Stocks for major AI connected companies like NVIDIA fell on Monday morning following the news.

The Chinese firm said training the model cost just $5.6 million. Microsoft alleges DeepSeek ‘distilled’ OpenAI’s work.

Chinese AI app DeepSeek is on top of the App Store, challenging Apple Intelligence, and shaking Wall Street confidence in big tech.

DeepSeek, a Chinese startup, rocked the AI world after debuting a model that rivaled the capabilities of OpenAI's ChatGPT for a fraction of the price.

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.

A Chinese-made artificial intelligence (AI) model called DeepSeek has shot to the top of Apple Store's downloads, stunning investors and sinking some tech stocks. Its latest version was released on 20 January, quickly impressing AI experts before it got the attention of the entire tech industry - and the world.

Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive performance against rivals like OpenAI and Meta.

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 AI lab DeepSeek's Android app has taken the No. 1 spot on the Google Play Store, days after the chatbot app clinched the top spot on the App Store.

Taking a look at DeepSeek, the Chinese AI model that has topped OpenAI's ChatGPT on the Apple App Store and sent shockwaves through tech

Following the release of R1, DeepSeek has achieved the number 1 position on the US App Store, overthrowing ChatGPT.

DeepSeek is the new AI model that's on everybody's lips –here's all the latest news on the ChatGPT competitor.