Meta struggles to keep up as DeepSeek’s AI outpaces rivals at lower cost Meta has reportedly assembled four teams of engineers to investigate how a Chinese hedge fund managed to release an AI model that could potentially rival its own technology. According to reports, DeepSeek, an AI startup funded by High-Flyer Capital Management, launched its R1 chatbot this month, claiming it can match the performance of models like ChatGPT at a much lower cost. This breakthrough has raised questions about the massive AI investments made by American tech companies and has placed...