What is DeepSeek and why is it disrupting the AI sector?

New AI from China is cheaper and more efficient than ChatGPT and actually open source.

The company has attracted attention in global AI circles after writing in a paper last month that the training of DeepSeek-V3 required less than $6 million worth of computing power from Nvidia H800 chips.

It’s hard to stick up for American companies like OpenAI when they burn through tens of billions in funding, aren’t actually open source and then completely changed their business model from non-profit to for-profit.