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Currently, there is so much talk about the Chinese AI startup company 'Depsic' in America, it is affecting the stock market of American technology companies. As President Donald Trump announces the establishment of a data center project called 'Stargate' to develop advanced AI models, users are turning to downloading Chinese chatbots.
It is currently the most popular free app on Apple's App Store in the US .
According to CNN, on Monday, the shares of US technology companies fell after the rise of Dipsic AI Assistance. The startup company, which was established a year ago, has created an AI model called 'Arwan', similar to ChatGPT. And, since it operates at a much cheaper price than OpenAI's ChatGPT, Google and Meta's new AI models, it is being analyzed that it challenges everyone.
Dipsic has said that it has spent a total of 5.6 million US dollars to develop its new AI model. Other AI companies say they are spending billions of dollars on their AI technologies. This dipsic app, which was released only last week, has now become the most downloaded app in the US in a short time . It is said that the BBC is rising to the top of the discussion, leaving behind its competitor ChatGPT.
On Monday, the share price of American technology companies such as AI chip maker Nvidia, Microsoft, and Meta fell after the discussion of this Chinese chatbot. Nvidia's share price was down 16 percent . This is seen as creating a blow to America's AI dominance . The rise of Dipsic is considered more meaningful as the US tightens its grip on China exports of advanced semiconductor chips needed for AI technology.
Mark Anderson, an American venture capitalist and Trump's advisor, commented on this event as 'AI's Sputnik moment', according to the BBC. In 1997, the then Soviet Union launched a satellite called Sputnik into space for the first time in the world.
While the competition to be the first in space was going on, the US was surprised when its competitor countries made a leap in the technology sector . Now the progress of Chinese technology in AI is also linked to the Sputnik incident.
This AI running on the dipsic-three model is not only the best of the open-source models, but is also being analyzed to be able to compete with the closed-source models . Some have pointed out that the chip export restrictions imposed on China have not been very effective, but this is understandable.
According to American media, Dipsic used Nvidia's H800 chips for the training of his chatbot amid the restrictions imposed by outgoing President Joe Biden. However, the topic of using these chips is controversial.
According to BBC, this company was founded by Liang Wenfeng in the city of Hangzhou in southern China in 2023. It is said that 40-year-old Wenfeng, a graduate of Information and Electronic Engineering, bought Nvidia's A100 chip before the export restrictions were imposed in China and developed an AI model from it.
"He was recently seen at a meeting between Chinese Premier Li Chiang and industry experts," the BBC wrote, "In July 2024, Liang said he was surprised to see his previous AI model ."
