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A Chinese AI chatbot has made waves recently, and it's now passed ChatGPT to become the top free app on the US App Store.
The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer Microsoft.
DeepSeek, the AI assistant from the Chinese startup is dominating its competition, becoming the top free app for iPhones.
Following the release of R1, DeepSeek has achieved the number 1 position on the US App Store, overthrowing ChatGPT.