Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field.

DeepSeek, a Chinese artificial-intelligence startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating AI models that offer comparable performance to the world’s best chatbots at seemingly a fraction of their development cost.

Maybe they should have called it DeepFake, or DeepState, or better still Deep Selloff. Or maybe the other obvious deep thing that the indigenous AI

It’s impossible to look at the Chinese artificial intelligence startup DeepSeek’s new AI model without comparing it against OpenAI, the dominant American rival.DeepSeek has touted its latest AI model,

Sam Altman’s OpenAI said Chinese competitor DeepSeek could be committing intellectual property theft. DeepSeek, an emerging Chinese artificial intelligence company, sent shockwaves through the technology world when its AI model surged to the top of the app store in the United States this week.