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DeepSeek's Open Source AI Shakes Silicon Valley
- DeepSeek's R1 AI model uses less computing power and is open source, disrupting Silicon Valley.
- Founder Liang Wenfeng's background includes starting investment firm Jacobi and AI-supported hedge fund High-Flyer.
- DeepSeek app tops App Store charts, impacting competitors like ChatGPT and causing Nvidia shares to tumble.
Source: TechCrunch
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