DeepSeek, a Chinese start-up, has emerged as a major player in the artificial intelligence (AI) industry, challenging the dominance of US tech companies. The company's AI program, which rivals the capabilities of OpenAI and other major AI leaders, has quickly gained popularity in the US market. DeepSeek's success is attributed to its ability to achieve similar results at a fraction of the cost and with fewer high-end chips compared to its competitors. Despite US sanctions aimed at curbing China's AI advancements, DeepSeek managed to develop its AI model by stockpiling advanced chips and leveraging innovation to overcome limited hardware resources. The emergence of DeepSeek has prompted reactions from US President Donald Trump and OpenAI CEO Sam Altman.