• Chinese AI lab DeepSeek launched the DeepSeek-R1 model, rivaling OpenAI in math reasoning and code generation.

  • The model is open-sourced for global research use.

  • Requires way less computing power than competitors like Meta.

  • Competes with OpenAI in critical areas such as mathematical reasoning, code generation, and cost efficiency

  • Overcame U.S. chip export restrictions through optimized architecture.

  • Big Tech are sore loosers