Chinese artificial intelligence (AI) start-up DeepSeek has gone quiet this week as it enters “holiday mode” for Lunar New Year while its recent technological developments continue to send shock waves through Wall Street and Silicon Valley, prompting reflections about current industry strategies and business models. DeepSeek’s rapid rise in AI has attracted attention across the Pacific this week with comments from US President Donald Trump and OpenAI co-founder and CEO Sam Altman, after stocks related to the industry saw significant declines on Monday. The correction resulted in the largest single-day loss ever for semiconductor giant Nvidia . Yet the Hangzhou-based start-up, including founder Liang Wenfeng and the firm’s young scientists, has shunned public attention as China entered its week-long Lunar New Year holiday. The company made its last update at
