DeepSeek’s latest models, created by a small company with limited resources, are already beating many of the leading AI models in the United States.

DeepSeek, a Chinese artificial-intelligence company, has Silicon Valley marveling over how its programmers nearly matched American rivals despite using inferior chips.

Chinese firm DeepSeek’s artificial intelligence chatbot has soared to the top of the Apple Store’s download charts, stunning industry insiders and analysts with its ability to match its US competitors.