January 27, 2025:
DeepSeek Overtakes ChatGPT as App Store Leader - DeepSeek, a Chinese AI app, has quickly risen to the top of global app store charts, surpassing ChatGPT. Downloads on iOS and Google Play surged from 1 million to 2.6 million within a few days. Noted for their cost efficiency, DeepSeek's AI models have caused a stock drop in Nvidia and sent shockwaves through the tech industry. The U.S. and Egypt are among its major markets.
Despite facing malicious attacks that limit international registration, DeepSeek's rapid ascent underscores the volatility in the consumer AI space. It challenges established players and draws industry attention to its training methods. The app's success highlights the shifting dynamics and potential for disruption in the tech sector.
