Breaking: China’s DeepSeek AI Shakes Up Global Tech and Stock Markets

By Evans Momodu
2 minute digest

China’s DeepSeek AI is rapidly transforming the global AI race, with its open-source model gaining widespread adoption among the country’s largest tech firms.

As Huawei, Alibaba, Tencent, Baidu, and Bytedance rush to integrate DeepSeek into their cloud services, the AI landscape is shifting—proving that China can compete without Nvidia chips.

Key Developments:

• Huawei Adopts DeepSeek: The telecom giant now runs DeepSeek on Ascend processors, showcasing China’s ability to bypass US chip sanctions.
• Tech Giants Join In: Alibaba, Tencent, Baidu, Lenovo, and Geely have embraced DeepSeek, integrating it into cloud platforms and AI services.
• Cost-Efficient AI: DeepSeek’s R1 model trains at a fraction of the cost of competitors like ChatGPT, raising concerns about the effectiveness of US tech restrictions.
• Global Impact: Even US tech giants like Nvidia, Microsoft, and Amazon have started collaborating with DeepSeek.

China’s AI sector is proving resilient, shifting reliance away from Western semiconductor technology.
With open-source AI models and growing industry adoption, DeepSeek is emerging as a powerful force in the AI revolution—one that both Chinese and global firms cannot afford to ignore. 
Source: CNN