Some AI researchers hailed DeepSeek’s R1 as a breakthrough on the same level as DeepMind’s AlphaZero, a 2017 model that became superhuman at the board games Chess and Go by purely playing against itself and improving, rather than observing any human games.

A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fueling debates over the economic and geopolitical competition between the U.

A Chinese AI company has panicked Wall Street tech investors with its cost-efficient AI model rivaling giants such as OpenAI and Google. DeepSeek developed the model with around $6 million, a small fraction of the cost that other companies incurred training their models,