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The Rise of Chinese AI: Deep Seek and Alibaba's Challenge to Silicon Valley
In recent months, the global tech landscape has been rocked by the emergence of powerful AI models from Chinese companies. At the forefront is Deep Seek, a startup that has managed to deliver competitive AI tools that challenge the likes of American tech giants like OpenAI, Meta, and others. Its cost-efficient models, while built on less advanced chips, have performed just as well as their Western counterparts. The shockwaves from its release were felt across Silicon Valley, leading to a staggering $1 trillion drop in tech stock valuations in a single day. As the dust settled, another player entered the arena: Alibaba.