DeepSeek, a Chinese AI startup established in 2023 by Liang Wenfeng, employs AI algorithms to forecast market changes.

The Startup claims its software rivals products from major U.S. companies such as OpenAI and Google, yet is more affordable.

Their newly introduced AI assistant app has gained considerable popularity, reaching the top rank in the Apple App Store in multiple countries.

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The app offers an easy-to-use interface similar to ChatGPT, allowing users to submit questions for interactive responses, but currently it does not include image generation. Accessible for free on iOS and Android, it has limited new registrations.

DeepSeek has been trained on data only until July so it cannot access recent events. However, it provides a search feature for current information available.

DeepSeek has the capability to collect a wide range of personal information including interactions and technical data from devices.

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The Chinese government could obtain this information due to its significant authority over businesses.

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DeepSeek features abilities are mostly similar to the ChatGPT and available various AI models in the market such as Google’s Gemini and Meta’s Llama.

Scientists assert enhanced effectiveness in training their model. Moreover, DeepSeek provides its AI models for free download and modification and allowing other companies to improve their AI products, like to Meta’s strategy.

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