CHINESE AI COMPANIES CELEBRATE DeePSeeK SUCCESS

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Despite international attention, Chinese tech firms remain steadfast on their AI capabilities, fueled by the recent success of DeepSeek's R1 chatbot. The Hangzhou-based startup stunned the industry by developing a chatbot that rivals Western competitors in functionality while significantly reducing costs. But concerns about the app's handling of users' personal data have pushed countries including South Korea, Italy, Australia and some US states to ban or restrict its use.








