In January, Chinese-developed AI model, DeepSeek, released its latest version and created waves across the globe.
It quickly rose to the top of the Apple App Store’s download charts, catching the attention of employees at companies and tech investors.
The latest version of DeepSeek has impressed AI specialists and sparked a wider conversation about its potential to disrupt the AI market.
US President Donald Trump even weighed in, calling it a “wake-up call” for American companies to step up their game in the race for AI dominance.
“DeepSeek’s rapid rise highlights the need to assess emerging technology risks, particularly around data security and market volatility.”
What sets DeepSeek apart is its ability to offer a competitive AI solution at a fraction of the cost of industry leaders like OpenAI, thanks to its reliance on fewer advanced chips.
This innovation has sent shockwaves through the tech world, with chipmaker Nvidia losing nearly $600 billion in market value, the largest single-day drop in US history.
For risk managers, DeepSeek’s rapid rise highlights the need to assess emerging technology risks, particularly around data security and market…
