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Chinese start-up DeepSeek took the tech world by storm with the release of its R1 and V3 models, which were produced at a fraction of the cost of their competitors challenging the dominance of American tech giants like OpenAI and Meta. The breakthrough was achieved despite US sanctions blocking the sale of advanced Nvidia chips to China. The US sanctions forced Chinese tech developers to innovate without using Nvidia’s latest semiconductors. DeepSeek’s success now raises questions about whether China is winning the artificial intelligence (AI) tech war, and if Nvidia can hang on to its global dominance.