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Budget AI Model DeepSeek Overtakes ChatGPT on App Store


A new China-based AI chatbot challenger called DeepSeek has reached the number one position on Apple's App Store free charts in multiple...

A new China-based AI chatbot challenger called DeepSeek has reached the number one position on Apple's App Store free charts in multiple countries, including the US, raising questions about Silicon Valley's perceived leadership in artificial intelligence development. The app's success has already impacted financial markets, with some AI-related stocks experiencing volatility as investors reconsider the necessity of extensive capital expenditure for AI development. Gurman only briefly mentioned the possibility of AirPods gaining tiny cameras, as part of his Power On newsletter intro this week, focused on Apple's future wearables ambitions.

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