China’s DeepSeek AI shakes industry and dents America’s swagger

China’s DeepSeek AI shakes industry and dents America’s swagger

The speed at which the new Chinese AI app DeepSeek has shaken the technology industry, the markets and the bullish sense of American superiority in the field of artificial intelligence (AI) has been nothing short of stunning. Venture capitalist Marc Andreessen may have said it best. “DeepSeek-R1 is AI’s Sputnik moment,” he posted to X…