New Delhi, Jan. 28 -- The artificial intelligence (AI) treadmill is moving at a very rapid pace, disrupting even established tech companies in its wake. The latest example is that of DeepSeek AI, a Chinese AI startup that hasrattled US tech stocks and global stock markets, even tanking the value of AI posterboy Nvidia Corp. by $593 billion on Tuesday.

DeepSeek has released a low-cost, open-source AI model that costs a fraction of OpenAI's o1 and other large language models that are used to train AI, suggesting that AI models in countries like India do not need exorbitant high-end graphics processing units (GPUs) or gigantic data centres to be effective. Mint explains:

The DeepSeek-V3 model, launched on 10 January, used Nvidia's lower-ca...