1.8K
In January 2025, the emergence of Chinese AI DeepSeek shook the global tech landscape and caused many US tech stocks to plummet, with US President Donald Trump dubbing it a “wakeup call” for US tech companies Founded in 2023 by Liang Wenfeng and headquartered in Hangzhou, DeepSeek specialises in developing open-source large language models (LLMs) – advanced AI models trained on vast amounts of data to understand and generate everything…