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China’s DeepSeek hits #1 on App Store, shocks AI researchers, sends US tech shares tumbling

<div class="feat-image">(https://9to5mac.com/wp-content/uploads/sites/6/2025/01/DeepSeek-hits-1-on-App-Store-shocks-AI-researchers-sends-US-tech-shares-tumbling.jpg?quality=82&strip=all&w=1600)</div><p>China’s <a href="https://9to5mac.com/guides/deepseek/" target="_blank" rel="noreferrer noopener">DeepSeek[/url] – an <a href="https://9to5mac.com/guides/artificial-intelligence/" target="_blank" rel="noreferrer noopener">AI[/url] chatbot intended to rival <a href="https://9to5mac.com/guides/chatgpt/" target="_blank" rel="noreferrer noopener">ChatGPT[/url] – is currently the number one download in the <a href="https://9to5mac.com/guides/app-store/" target="_blank" rel="noreferrer noopener">App Store[/url], after its performance took US companies by surprise.</p>



<p>The <a href="https://9to5mac.com/guides/china/" target="_blank" rel="noreferrer noopener">Chinese[/url] startup appears to be rivalling the performance of <a href="https://9to5mac.com/guides/openai/" target="_blank" rel="noreferrer noopener">OpenAI’s[/url] ChatGPT despite having cost far less to develop, and that’s hitting the market valuations of major US AI players …</p>



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Source: China’s DeepSeek hits #1 on App Store, shocks AI researchers, sends US tech shares tumbling (https://9to5mac.com/2025/01/27/chinas-deepseek-hits-1-on-app-store-shocks-ai-researchers-sends-us-tech-shares-tumbling/)