Was this the week DeepSeek started the slow unwinding of the AI bet?

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At 2.16pm California time last Sunday, the US billionaire tech investor Marc Andreessen called it. “DeepSeek R1 is AI’s Sputnik moment,” he posted on X.

A Chinese startup, operating since 2023 and helmed by a millennial mathematician, had unveiled a new chatbot that seemed to equal the performance of America’s leading models at a fraction of the cost.

Was this the week DeepSeek started the slow unwinding of the AI bet? comes via ChinaTechNews.com.

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