Chinese AI start-up DeepSeek has gone into quiet mode for the week-long Lunar New Year holiday.
DeepSeek's app surged to the top of Apple's free app downloads, drawing attention to its low-cost AI models that rival established players like OpenAI and Anthropic.
The success of DeepSeek caused tech stocks to decline, wiping off $94 billion from the fortunes of top tech tycoons.
DeepSeek released its Janus-Pro AI image-generation models before shutting down for the Lunar New Year celebrations.