The new Chinese startup DeepSeek’s AI assistant has stolen the position as the top-rated free app in the U.S. Apple App Store from ChatGPT
This AI is powered by the DeepSeek-V3 model and was launched just a week ago. Right now, it has become the biggest competitor in the AI market against other top players like OpenAI and Google.
DeepSeek came into existence in 2023 following the in-depth learning operations that it acquired from Fire-Flyer, a sub-division of the Chinese hedge fund High-Flyer, according to previous reports.
The DeepSeek-V3 uses advanced tech where the AI learns by trial and error and enhances reasoning capabilities that let it think through problems step by step.
It has surged in interest since its launch, and this is because the price is low and it has some interesting features for users.
Right now, the platform only charges $0.55 for every million tokens, meanwhile, OpenAI charges $15 per million tokens. The model also has more performance when it comes to coding tasks, which has a 97% success rate and is outperforming OpenAI’s models in various benchmarks.
Also, it uses Nvidia’s H800 chips, which are less powerful than the chips that other AI models are typically trained on. It makes its training cost low, which has been estimated at below $6 million. But this has raised questions about whether U.S. export controls, which restrict China’s access to more powerful chips, are effective.
Meanwhile, some users have even taken to social media to acknowledge this achievement. Perplexity AI CEO Aravind Srinivas, in a tweet, congratulated Deepseek:
“Congrats to @deepseek_ai for getting to #1 on the App Store. For a while, it wasn’t clear who would beat ChatGPT for the first time”.
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