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DeepSeek may be the best Chinese New Year gift to China this year, but can it sink its US rivals?
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DeepSeek appears to have come out of nowhere and done the unthinkable with its open-source large language models.
PHOTO: REUTERS
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BEIJING – Over the past week, the global artificial intelligence (AI) industry has been fixated on one thing and one thing only: The emergence of, until now, a little-known Chinese start-up called DeepSeek.
This privately held AI newbie, founded only in 2023, appears to have come out of nowhere and done the unthinkable with its open-source large language models.

