India, Feb. 5 -- Recently, Chinese Artificial Intelligence (AI) firm DeepSeek introduced its latest large language model, R1, sending shockwaves through the tech industry. R1 wasn't just on par with the best AI models available, it was built at a fraction of the usual cost and released for free. The financial world reacted instantly, with the United States (US) stock market losing a staggering $1 trillion the day R1 was unveiled.

The implications of DeepSeek's move extended far beyond these financial tremors. By openly sharing the details of how R1 and its predecessor, V3, were developed and making these models freely accessible, DeepSeek shattered a long-held industry belief that reasoning-based AI models were extraordinarily difficult ...