Metaverse
Feng Ji, producer of Myth: Wukong, hails DeepSeek AI as ‘a technology game-changer for China!’ – Crypto News
A groundbreaking development by Chinese AI startup DeepSeek has sparked a global frenzy, with many in China celebrating it as a historic milestone that could reshape the future of technology. Dubbed by tech leaders like Marc Andreessen as “AI’s Sputnik moment,” the launch of DeepSeek’s cheaper, open-source artificial intelligence model has turned heads worldwide, even rattling stock markets.
In China, DeepSeek is being hailed as a national triumph. Feng Ji, co-founder of Game Science and producer of the hit gameBlack Myth: Wukong, described it as a “technology achievement that can change a nation’s fortune.” Posting on the social media platform Weibo, he shared his excitement, saying, “Such a stunning breakthrough comes from a pure Chinese company.”
Rivaling Silicon Valley
DeepSeek’s new AI model has managed to rival — and in some cases outperform — the efforts of leading US developers. This achievement has upended longstanding assumptions in Silicon Valley about the costs of building AI and the US’s dominance in the field, reported Bloomberg.
The shockwaves were not just metaphorical. As per the wire agency, a massive sell-off in US and European technology stocks, wiping nearly $1 trillion from their value, underscored investor concerns about how this development might disrupt the strategies of some of America’s tech giants.
For China, DeepSeek’s accomplishment signifies a major leap forward, particularly as the country continues to grapple with US-imposed restrictions on access to advanced chips and technology. While challenges remain — for instance, Huawei and Semiconductor Manufacturing International Corp. are still behind Taiwan Semiconductor Manufacturing Co. in chip-making capabilities — the success of DeepSeek has bolstered national pride.
A Boost to National Confidence
DeepSeek is the latest in a series of technological wins for China, following recent successes like Huawei’s Mate 60 Pro, which used an advanced domestically-made chip, and the continued rise of social media platform Xiaohongshu.
Hu Xijin, the former editor-in-chief ofGlobal Times, praised DeepSeek for shaking the belief in America’s invincibility in high-tech innovation. Writing on Weibo, Hu described the startup as the first Chinese company to cause such a seismic shift in the expectations of an entire industry. He added that DeepSeek had raised “an explosive question mark” over the US approach of pouring vast sums of money into tech development.
(With inputs from Bloomberg)
-
others1 week ago
$2.6 Billion in Bitcoin, ETH, XRP, Solana Options Expire Today, Experts Raise Concerns – Crypto News
-
Blockchain1 week agoBitcoin Treasury Co Strategy Announces $1.5B Convertible Note Buyback – Crypto News
-
others1 week ago
Why Bitcoin Price Could Reach $88,000 Despite Rising Odds Of Fed Rate Hikes – Crypto News
-
Blockchain1 week agoUS CLARITY Act Brings ‘Major Spike of Euphoria’ to Bitcoin: Santiment – Crypto News
-
Business1 week ago
CME and NYSE Push for U.S. Regulatory Oversight of Hyperliquid – Crypto News
-
others1 week agoFinancial Firm Hit by Major Cybersecurity Incident, Data of 123,158 Americans Potentially Exposed – Crypto News
-
Cryptocurrency1 week agoBitcoin has one level left before macro pressure opens the path to $75k as Treasury yields extend two-day correction – Crypto News
-
Cryptocurrency2 days agoHYPE’s path to $100 runs through Hyperliquid becoming crypto’s on-chain Wall Street platform – Crypto News
-
Cryptocurrency2 days agoHYPE’s path to $100 runs through Hyperliquid becoming crypto’s on-chain Wall Street platform – Crypto News
-
Technology1 week ago
Pi Network Price Prediction After Creator-Focused App Studio Upgrade – Crypto News
-
Cryptocurrency1 week agoInside Wadoozie, the $WADZ Mission Activating 48 States – Crypto News
-
Business1 week ago
Why Is The Crypto Market Bleeding Today? – Crypto News
-
Technology1 week ago
BREAKING: THORChain Suffers $10M Exploit Across Bitcoin, Ethereum, BSC, Base Chains – Crypto News
-
Blockchain1 week agoEthereum Sell Signal That Last Preceded A 63% Drop Flashes Again – Crypto News
-
Technology1 week agoGoogle’s new Gemini Intelligence’s ‘advanced’ spec requirements may even exclude older Pixel and Samsung flagships – Crypto News
-
Business1 week ago
How High Will XRP Price Go After CME Adds Ripple to NASDAQ Crypto Index on June 8? – Crypto News
-
Cryptocurrency1 week agoBitcoin ETF flows reverse as funds shed $1B on inflation fears – Crypto News
-
Technology1 week agoAI job takeover fears rise: 10 human skills that machines may still struggle to replace – Crypto News
-
Technology1 week agoAI job takeover fears rise: 10 human skills that machines may still struggle to replace – Crypto News
-
others5 days agoSui Launches Gasless Stablecoin Transfers With Support From Fireblocks – Crypto News
-
others5 days agoSui Launches Gasless Stablecoin Transfers With Support From Fireblocks – Crypto News
-
Technology4 days ago
Breaking: Crypto Exchange Blockchain.com Secretly Files For IPO After Elon Musk’s SpaceX – Crypto News
-
De-fi3 days agoSEC Commissioner Hester Peirce Clarifies Distinction Between Tokenized Securities and Synthetic Instruments – Crypto News
-
De-fi1 week agoDeFi Yields Are Too Damn Low! Here’s Why – Crypto News
-
Technology1 week agoTech CEOs summoned to Congress for another hearing on social medias risks for children – Crypto News
-
Technology1 week ago
Just-In: Grayscale Files Amended S-1 For BNB Coin ETF With SEC – Crypto News
-
others1 week ago
Crypto Weekly Recap: CLARITY Advances, US Inflation Soars, Wall Street Raises COIN Stock Target, Strategy Resumes Bitcoin Buys – Crypto News
-
Business1 week ago
XRP Trading Volume Tops Bitcoin on Upbit as Hana Bank Acquires Stake in Dunamu – Crypto News
-
Blockchain1 week agoSolana Eyes $117 Breakout — If Bulls Can Crush This Key Resistance – Crypto News
-
Business1 week ago
Strategy’s STRC Draws $2 Billion In Capital To Buy More Bitcoin – Crypto News
-
Cryptocurrency1 week agoBitcoin ETF flows reverse as funds shed $1B on inflation fears – Crypto News
-
Blockchain1 week agoUS CLARITY Act Will Be a ‘Boon For Domestic Innovation’: A16z – Crypto News
-
Business1 week ago
Michael Saylor Teases ‘Big’ Bitcoin Buy For Strategy – Crypto News
-
Technology1 week agoJury rules against Elon Musk in his feud with OpenAI, saying he filed his lawsuit too late – Crypto News
-
others1 week ago
Goldman Sachs Closes Solana & XRP ETF Stake, Dumps 70% ETH ETF Holdings – Crypto News
-
Cryptocurrency7 days agoSpaceX IPO bets push valuation above $2 trillion on Hyperliquid – Crypto News
-
Blockchain5 days agoCrypto Access To Banks In Focus After Trump’s New Executive Order – Crypto News
-
Technology4 days agoApple adds two major health features in India: Know all about Sleep apnoea alerts and hearing tests – Crypto News
-
Metaverse4 days agoOpenAI might be filing to go public soon. How we got here. – Crypto News
-
Metaverse3 days agoAs OpenAI and Anthropic soar, where do India’s AI startups stand? – Crypto News
-
Cryptocurrency1 week agoUS Treasury yields surge to new highs as liquidity tightens, pushing Bitcoin back below $82,000 resistance – Crypto News
-
others1 week ago‘The Buildup Is Sincerely Strong’: Michaël van de Poppe Says Bitcoin Could See a Fast Move to a Four-Month High – Here Are His Targets – Crypto News
-
Cryptocurrency1 week agoHow CLARITY Act survived a chaotic Senate markup after Warren, Banks and Democrats tried to slow it down – Crypto News
-
Business1 week ago
Bitget Introduces Unified AI Trading Ecosystem, Surpasses 1M Users and $1.2B AI Agent Trading Volume – Crypto News
-
Blockchain1 week agoOpenAI and Malta Partner to Give All Citizens Free ChatGPT Plus Access – Crypto News
-
Technology1 week ago
Bhutan Official Speaks Up On Claims of Selling $1 Billion In Bitcoin – Crypto News
-
Blockchain1 week agoIf You’re Holding XRP, This Pundit Says You Should See This – Crypto News
-
Metaverse1 week agoMicrosoft AI Chief Mustafa Suleyman has a grim warning for every office worker- Within 18 months… – Crypto News
-
Cryptocurrency1 week agoSociete Generale pushes stablecoins into Canton repo and collateral rails – Crypto News
-
Technology1 week agoGoogle I/O 2026 kicks off next week: How to watch live-stream, full schedule and what to expect – Crypto News
