investing.com- Chinese AI company Deepseek took the top spot on Apple Inc’s (NASDAQ:) App Store free app charts, beating Openai’s ChatGPT, the long-time leader in AI apps.
Powered by the cutting-edge R1 model, Deepseek has quickly gained popularity for its ability to generate human-like responses and perform complex tasks with unprecedented efficiency. The R1 model is one of the most advanced AI systems in the world, offering enhanced accuracy, faster response times, and enhanced multi-language support.
The Deepsec hack also sparked a re-evaluation of the AI landscape. Analysts suggest that its competitive pricing and strong performance may disrupt market dynamics, forcing incumbents to adapt.
Deepseek officially launched its app on January 13, offering free access to advanced AI models.
Meanwhile, Chatgpt, a staple of the app’s charts since its debut, is still widely used but has been challenged by Deepseek.
The new standard set by Chinese AI at a fraction of the cost is putting pressure on industry leaders like Meta Platforms Inc (NASDAQ:), Nvidia Corporation (NASDAQ:), Microsoft Corporation (NASDAQ:), Alphabet (NASDAQ:), and other technology leaders .