DeepSeek is just one of many Chinese companies working on AI to make China the world leader in the field by 2030.

DeepSeek, a Hangzhou-based startup founded in 2023, shot to the top of Apple’s App Store free app chart after releasing a new open-source AI model it says rivals OpenAI's work. Its website was hit by outages amid a spike in interest.

From how a small Chinese app sent tech stocks into a spin, to why Donald Trump said DeepSeek should motivate U.S. firms, we round up the big stories from the AI revolution. Trevor Koroll reports.

In some ways, DeepSeek was far less censored than most Chinese platforms, offering answers with keywords that would often be quickly scrubbed on domestic social media. Other times, the program eventually censored itself.

OpenAI claims to have found evidence that Chinese AI startup DeepSeek secretly used data produced by OpenAI’s technology to improve their own AI models, according to the Financial Times. If true, DeepSeek would be in violation of OpenAI’s terms of service.

It’s impossible to look at the Chinese artificial intelligence startup DeepSeek’s new AI model without comparing it against OpenAI, the dominant American rival.DeepSeek has touted its latest AI model,

The start-up had become a key player in the “Chinese Large-Model Technology Avengers Team” that would counter US AI dominance, said another. China’s delight, however, spelled pain for several giant US technology companies as investors questioned whether DeepSeek’s breakthrough undermined the case for their colossal spending on AI infrastructure.

The U.S. tried to slow China’s advances, but the startup showed how hard that is.

The Chinese tech company DeepSeek is causing major waves in the AI industry - what are they doing that’s making everyone rethink AI’s future?