New Delhi, Jan. 27 -- In the ever-evolving world of artificial intelligence, a new player has emerged that is sending shockwaves through Silicon Valley and beyond. DeepSeek, a Chinese startup founded just over a year ago, has developed an AI model that is offering startlingly comparable performance to industry giants like OpenAI's ChatGPT and Google's Gemini, but at a fraction of the cost.

Created in Hangzhou, China, this innovative company has not only grabbed attention for its impressive technological strides but also for its challenge to established beliefs about the future of AI development, reported Bloomberg.

When comparing DeepSeek to its most prominent competitors, OpenAI's ChatGPT and Google's Gemini, there are significant dist...