Chinese Openai Rival Deepseek Tops Iphone Download Charts

The app's underlying AI model is widely seen as competitive with OpenAI and Meta Platforms' latest. Its claim that it cost much less to train and develop triggered share moves across Asia's supply chain.

Chinese tech firms linked to DeepSeek , such as Iflytek, surged on Monday, while chip-making tool makers like Advantest slumped on the potential threat to demand for Nvidia's AI accelerators. US stock index futures also tumbled amid concerns that DeepSeek's AI models may disrupt US technological leadership.

Lauded by investor Marc Andreessen as "one of the most amazing and impressive breakthroughs", DeepSeek's assistant shows its work and reasoning as it addresses a user's written query or prompt. Reviews on Apple's App Store and on Googles Android Play store praised that transparency. The app topped the free downloads chart on iPhones in the US and is among the most downloaded productivity apps in the Play store.

Founded by quant fund chief Liang Wenfeng, DeepSeek's open-sourced AI model is spurring a rethink of the billions of dollars that companies have been spending to stay ahead in the AI race.