Formosan chatbot DeepSeek has command headlines as being the next bighearted thing in AI and has later seen a huge uptick of new downloads – but what is the turbulent generative AI chatbot and why is it cause so much arguing ?

We ’ve put together this guidebook on everything you need to know about the ChatGPT competitor , DeepSeek , including who have it , whether it ’s detached and why its launch has bear upon the stock market so dramatically .

What is DeepSeek?

Much likeChatGPTandGoogle Gemini , DeepSeek is an AI - powered chatbot that can answer questions , generate content ground on user prompting and even write computer code . However , unlike its competition , DeepSeek is open - generator and free - to - use . As undetermined - source , it allows anyone to utilize the technology to build on it at no extra monetary value .

The latter point is particularly interesting as its most late R1 discharge promises to have performance on par with OpenAI ’s ChatGPT o1 , which get going at $ 20 a calendar month for limited access and costs a lot more to develop ( but more on that subsequently ) .

At the time of writing , there are two main framework to pick out from , both of which are costless and subject - source . There ’s V3 , which is for unremarkable use , and the aforementioned R1 for more powerful output .

DeepSeek chatbot

After its R1 sacking in January , DeepSeek uprise as the top free app across multiple body politic , including the UK and US .

Who owns DeepSeek?

DeepSeek is owned by Chinese entrepreneur and man of affairs , Liang Wenfeng . Co - founder of the quantitative hedge fund High - Flyer , which also funds DeepSeek , Liang launched DeepSeek back in May 2023 , with the latest R1 sack found in January 2025 .

Why did Nvidia stock drop?

As we ’ve mentioned to begin with , DeepSeek has explain that its R1 liberation was trained at a fraction of the toll of OpenAI , Google , Meta and other US companies ’ AI systems , while offering on - equivalence performance .

As most of these technical school giants have antecedently relied on , and invested heavily in , Nvidia ’s AI systems , the fact that DeepSeek rivals its capability for a cheaper price has led to significant radioactive dust , with investor questioning whether they ’ve invested their money aright .

Not only has Nvidia descent dropped , but DeepSeek blood line have significantly risen at substantial focal ratio too .

DeepSeek chatbot

How can I access DeepSeek?

Keen to see what all the fuss is about ? you’re able to try DeepSeek via itswebsiteor through its Io and Android compatible apps .

As a free service , you wo n’t require to interest about entering any payment information or sign up to monthly subscription , however you will need to produce an account before trying out the chatbot .

DeepSeek chatbot

DeepSeek chatbot

DeepSeek chatbot

DeepSeek and ChatGPT apps in App Store

DeepSeek and ChatGPT apps in App Store

DeepSeek and ChatGPT apps in App Store

DeepSeek chatbot

DeepSeek chatbot

DeepSeek and ChatGPT apps in App Store

DeepSeek and ChatGPT apps in App Store