China's AI Rise! US stock futures and BTC all fall: What's the difference between DeepSeek and ChatGPT?

Today, the US S&P 500 futures fell by 1% to 2%, causing concerns among investors about the overvaluation of technology stocks. Meanwhile, some Chinese-related stocks have risen against the trend, further deepening the market's contemplation of the competition between China and the US in technology. The AI industry has been impacted by China's low-cost AI, leading to a revaluation of the overall market. This market fluctuation has also made a newly emerging Chinese AI company, DeepSeek ( Hangzhou Depth Seeking ), become the focus of global attention.

China's AI rising star: DeepSeek's low-cost innovation scares the United States

DeepSeek is an artificial intelligence system developed by a Chinese company, which has gained prominence globally with its open-source large-scale language model and high cost-effectiveness. The latest model of DeepSeek, DeepSeek-R1, was launched on January 20, 2025, with a total cost of only 6 million dollars. In comparison, the development cost of mainstream AI models like OpenAI's ChatGPT in the United States can reach billions of dollars.

This low-cost but high-performance model is not only highly regarded in China, but also attracts high attention from the international market. The founder of DeepSeek was recently invited to meet with Chinese Premier Li Keqiang, and its achievements have been positively reported by domestic media such as Xinhua News Agency. The company has gradually become a hot topic of discussion in domestic and foreign media.

( Chinese AI catches up: DeepSeek releases R1 model