<p>A Chinese AI chatbot, called DeepSeek, has rocketed to the top of the charts on Apple's App Store, beating the ever-popular ChatGPT, among other competitors. But what likely had Silicon Valley leaders breaking out in a cold sweat over the weekend were claims that the open-source large language model it's based on, DeepSeek V3, was trained with a fraction of the computing power and developed for less than $6 million. On the other hand, Western AI models have sucked up billions of funding, with companies including OpenAI looking to spend hundreds of billions of dollars in the coming years to […]</p>