Wed Jan 29 10:19:32 IST 2025: ## Chinese AI Chatbot DeepSeek Storms US App Stores, Shakes Up Tech Market

**Hangzhou, China/New York, NY** – A Chinese AI startup, DeepSeek, has disrupted the global AI landscape with its groundbreaking chatbot, rapidly ascending to the top of US app store charts and triggering market fluctuations. The app’s success has been attributed to its innovative approach and the talent of its team, led by AI prodigy Luo Fuli.

DeepSeek’s chatbot, initially surpassing ChatGPT in downloads, has now overtaken several leading AI models including ChatGPT, Gemini, and Claude AI in performance benchmarks. Independent research by Artificial Analysis shows DeepSeek’s R1 model outperforming those from Google, Meta, and Anthropic in overall quality. This performance, rivaling even the likes of Llama 3.1, Qwen 2.5, GPT-4o, and Claude 3.5 Sonnet, has been achieved with significantly lower development costs than its competitors. The company utilizes open-source models and cost-effective hardware.

Key to DeepSeek’s success is Luo Fuli, a 29-year-old AI researcher who played a crucial role in developing DeepSeek-V2 and contributed significantly to the overall success of the company. Her journey, from overcoming initial struggles in computer science at Beijing Normal University to publishing eight papers at the prestigious ACL conference and working at Alibaba’s DAMO Academy and Xiaomi, has captivated the tech world. Her contributions to the development of the multilingual pre-training model VECO and the open-source AliceMind project further solidified her reputation. Recently, Xiaomi founder Lei Jun offered her a lucrative 10 million yuan annual compensation package, highlighting her exceptional talent.

DeepSeek’s rapid ascent to the top of the US app store charts, surpassing ChatGPT, has caused ripples in the US stock market. Shares in AI-related companies, including Nvidia, Microsoft, and Meta, experienced a decline following DeepSeek’s launch. Founded in 2023 by Liang Wenfeng, DeepSeek is quickly becoming a major player in the global AI arena. The company’s unexpected success presents a significant challenge and wake-up call to established players in the US AI market.

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