Chinese startup DeepSeek AI has released its latest open-source AI model, Janus-Pro-7B, which boasts multimodal capabilities including image generation. The release of the model has caused volatility in the tech stock market, with Nvidia shares dropping by over 17%. Some AI enthusiasts believe that the new model outperforms competitors on certain benchmarks. DeepSeek AI claims that its model is superior to rivals from OpenAI and Stability AI in terms of image generation using text prompts. The release of Janus-Pro-7B has had a significant impact on the sector, causing share prices of AI-related stocks to drop. There are concerns that the emergence of a low-cost Chinese AI model could threaten the dominance of leaders like Nvidia. However, some believe that it could also make AI more accessible and drive the development of useful applications.



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