DeepSeek’s low-cost model deals fresh blow to rivals OpenAI, Z.AI; hits memory makers

DeepSeek is expanding its aggressive low-pricing strategy for AI models while simultaneously developing proprietary hardware and pursuing an initial public offering. These moves signal a broader effort to sustain growth amid rising international competition and tightening constraints on domestic access to advanced technology. By focusing on cost efficiency and self-reliance, the company is positioning itself as a central player in the evolving AI capabilities race between Chinese firms and their global counterparts.