How DeepSeek Disrupted AI: A Case Study in Market Impact of (Business Model) Innovation
In January 2025, the artificial intelligence landscape experienced a seismic shift with the introduction of DeepSeek’s R1 model, a revolutionary AI chatbot that exemplified cost-effective AI innovation. This Chinese AI startup unveiled a generative AI chatbot that matched the capabilities of leading models from U.S. tech giants but claimed it was developed at a fraction of the cost and time….