EconomyLens.com
No Result
View All Result
Monday, July 27, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Tech

Chinese AI companies celebrate DeepSeek, shrug off global curbs

Natalie Fisher by Natalie Fisher
February 21, 2025
in Tech
Reading Time: 6 mins read
A A
2
103
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

Chinese tech companies shrug off foreign scrutiny of chatbot maker DeepSeek. ©AFP

Shanghai (AFP) – Chinese tech companies shrugged off foreign scrutiny of upstart chatbot maker DeepSeek, telling AFP on Friday they were confident the country’s tech startups would make more gains in the global artificial intelligence race. Hangzhou-based DeepSeek’s R1 chatbot stunned industry insiders and became a hero of China’s AI sector last month with its ability to match the functions of its Western competitors at a fraction of the cost. But concerns about the app’s handling of users’ personal data have pushed countries including South Korea, Italy, Australia, and some US states to ban or restrict its use.

Related

Anthropic bets on cheaper AI with new model

Trump says EU to pay ‘very big price’ for Google fine

Trump under pressure from all sides over Chinese AI surge

EU fines Google 890 mn euros, risking US fury

White House accuses China’s Moonshot of stealing Anthropic AI

“In the past few years, China has faced all sorts of restrictions (especially) from the US,” Sun Dasheng, an employee of AI server maker Puersai Computer, told AFP at Shanghai’s Global AI Developers’ Conference. “But our country is currently sparing no effort to move forward,” he said. Sun’s enthusiasm was echoed by other exhibitors at the industry fair, who proudly advertised that they were using DeepSeek’s open-source software on their banners and posters despite the company’s absence from the expo on Friday. Humanoid robots were displayed across the venue, including the model that danced for a TV audience of millions on state broadcaster CCTV’s annual Lunar New Year programme last month.

“Now that the (R1) model is available, we believe the industries or products related to these large language models will develop even better,” said Mark Feng, a product manager at chatbot maker Mobvoi. Prior to DeepSeek’s emergence, people believed China “could not make a large (AI) model on par with the United States,” Lian Feng, an employee of Shanghai-based company Tiangang AI Trading Platform, told AFP. China has shown it can produce the advanced software in addition to its existing control of large parts of the supply chain, giving it an edge over the United States, Lian said.

– ‘Wake-up call’ –

US President Donald Trump has called DeepSeek’s release a “wake-up call” for American companies, highlighting how cheaply the R1 app was developed. DeepSeek says it only spent $5.6 million on the project, a fraction of a $500-billion AI project sponsored by Trump. Lian, the Tiangang AI Trading Platform employee, said he saw DeepSeek’s current success as a groundbreaking event similar to the release of iPhone competitor Android’s cheaper and ultimately more popular operating system in 2008. The high price tag of Apple’s iPhones, which had dominated the smartphone market up to that point, “obstructed the explosive growth of smartphones and of the mobile internet era,” Lian said.

Lian said he believed DeepSeek would dramatically change the generative AI market much like how the introduction of Android phones permanently altered the smartphone industry. “I believe there is still room for us to grow…I think in three or five years we will see an even better picture,” Sun from Puersai Computer told AFP.

© 2024 AFP

Tags: artificial intelligenceChinagenerative AI
Share41Tweet26Share7Pin9Send
Previous Post

Asian markets advance as Alibaba fuels Hong Kong tech rally

Next Post

Stock markets rise as Alibaba fuels Hong Kong tech rally

Natalie Fisher

Natalie Fisher

Related Posts

Tech

Samsung launches new, more expensive foldable smartphones

July 22, 2026
Tech

OpenAI reports ‘unprecedented’ autonomous hack by AI agents

July 22, 2026
Tech

India’s domestic workers go online as instant services boom

July 22, 2026
Tech

A once wary Hollywood slowly warms to AI

July 22, 2026
Tech

French senators back social media ban for under-15s

July 21, 2026
Tech

Airbus pushes ahead with future single-aisle jet, hydrogen plane

July 22, 2026
Next Post

Stock markets rise as Alibaba fuels Hong Kong tech rally

US, China economic leaders raise 'serious concerns' in first call

Tech, auto, medicines: who will pay Donald Trump's tariffs?

Stock markets diverge, oil prices slide

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

103

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

South Africa’s Ramaphosa calls for African action on migration

July 27, 2026

German sports carmaker Porsche to cut 5,000 jobs by 2035

July 27, 2026

US panel endorses more unproven if buzzy peptides

July 25, 2026

New York’s noisy food carts go electric in clean air trial

July 25, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.