DeepSeek: Behind the Hype and Headlines

Written by Kurt Seifried, Chief Innovation Officer, CSA.

 

The Story That Shook the Markets

In January 2025, a relatively unknown Chinese AI company called DeepSeek burst onto the global stage with a bold claim—they had built advanced AI models that matched or exceeded the capabilities of tech giants like OpenAI and Google—at a tiny fraction of the cost. Markets reacted dramatically, with Nvidia alone losing nearly $600 billion in value in a single day, part of a broade…

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