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The arrival of a previously little-known Chinese tech company has attracted global attention as it sent shockwaves through Wall Street with a new AI chatbot.

On Monday, DeepSeek, a tiny company which reportedly employs no more than 200 people, caused American chipmaker Nvidia to have almost $600bn wiped off its market value – the biggest drop in US stock market history.

The Chinese AI chatbot threatens the billions of dollars invested in AI while causing US tech stocks to lose well over $1trn (£802bn) in value, according to market analysts.

DeepSeek, which has developed two models, V3 and R1, is now the most popular free application on Apple’s App Store across the US and UK.

What’s DeepSeek?

The startup was founded in 2023 in Hangzhou, China, by Liang Wenfeng, who previously co-founded one of China’s top hedge funds, High-Flyer.

The fund had by 2022 amassed a cluster of 10,000 of California-based Nvidia’s high-performance A100 graphics processor chips that are used to build and run AI systems, according to a post that summer on Chinese social media platform WeChat.

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Former US President Joe Biden’s administration restricted sales of those chips to China soon after, something likely to be pursued by his successor, Donald Trump, who was recently sworn in for a second term in the White House.

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China’s DeepSeek should be a ‘wakeup call’

Why all the attention now?

The hype – and market turmoil – over DeepSeek follows a research paper published last week about the R1 model, which showed advanced “reasoning” skills.

They include the ability to rethink its approach to a math problem while, depending on the task, being 20 to 50 times cheaper to use than OpenAI’s o1 model, according to a post on DeepSeek’s official WeChat account.

That’s why there are fears it could undermine the potentially $500bn AI investment by OpenAI, Oracle and SoftBank that Mr Trump has touted.

What’s so cool about it?

As Morgan Brown, vice president of product and growth in artificial intelligence at Dropbox, put it, it is currently “insanely expensive” to train top AI models.

“DeepSeek just showed up and said ‘LOL what if we did this for $5M instead?’

“And they didn’t just talk – they actually DID it. Their models match or beat GPT-4 and Claude on many tasks. The AI world is (as my teenagers say) shook,” he said in a post on X.

So how much did it cost?

The company wrote in a paper last month that the training of DeepSeek-V3 required less than $6m (£5m) worth of computing power from Nvidia H800 chips.

How has President Trump responded?

Speaking to House Republicans on Monday, the 78-year-old Republican called the development a “wakeup call for our industries that we need to be laser-focused on competing to win”.

But Mr Trump signed an order on his first day in office last week that said his administration would “identify and eliminate loopholes in existing export controls”, signalling that he is likely to strengthen Mr Biden’s approach.

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Venture capitalist Marc Andreessen, who has advised Mr Trump on tech policy, has warned overregulation of the AI industry by the US government will hinder American companies and enable China to get ahead.

“Deepseek R1 is AI’s Sputnik moment,” said Mr Andreessen in a recent post on X, referencing the 1957 satellite launch that set off a Cold War space exploration race between the Soviet Union and the US.

What are the concerns?

Some people expressed their reservations about the Chinese company and its handling of users’ data.

Too controversial?

People have also been flagging how, when it comes to questions about alleged wrongdoing and human rights abuses at the hands of the Chinese government, the app seems unable to respond.

Seemingly controversial topics include Taiwan, which China claims as its own, the 1989 Tiananmen Square protests and massacre as well as China’s treatment of its Uyghur population, which the UN has previously said “may constitute crimes against humanity”.

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Surreal scenes as foreign soldiers sent to Rwanda alongside Congolese troops as rebels take capital

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Surreal scenes as foreign soldiers sent to Rwanda alongside Congolese troops as rebels take capital

On the doorstep of Goma – the site of the UN’s biggest peacekeeping mission in the world – there are signs of surrendered soldiers and fierce battles.

As we walked on the road in front of the United Nations’ main base, we stepped around fatigues, rounds and helmets once belonging to the Congolese army fighting the Rwandan-backed M23 rebels.

The rebels now control the strategic city of Goma after fighting for the border post with Rwanda. It sits south of the swathes of mineral-rich mining territory the rebels have been seizing through last year.

Pic: Reuters
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Pic: Reuters

We see them packed on the back of trucks still marked by the FARDC logo of the Congolese army.

I ask one man watching from the side of the road what he makes of this extreme shift.

“This is bad!” he says to me discreetly on the side of the road, with our car as cover from the prying eyes of the junior M23 soldiers.

“My family is not good. I am not good – we don’t know what comes next.”

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Watch as M23 rebels take over Goma in DRC

Small groups are meeting the rebels with cheers and clapping.

We cannot tell if it is relief from the Congolese state or a necessary precaution for many who do not want to leave their hometown on the cusp of a new administration.

But before they can settle in and set up a local authority, M23 have time to stop and humiliate their former enemy.

Not just the Congolese troops, but the Romanian mercenaries fighting alongside them.

Romanian mercenaries evacuate at the Grande Barriere border amid clashes between M23 and FARDC in Gisenyi.
Pic: Reuters
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Pic: Reuters


MONUSCO, the United Nations’s peacekeeping group in the DRC, brokered an evacuation convoy for the paid fighters to go to Rwanda with trucks full of Uruguayan peacekeeping troops watching as M23 led the handover through their newly-captured border.

Captured Romanian mercenaries, who were fighting alongside Democratic Republic of Congo army (FRDC), are released by M23 rebels at Gisenyi border point in Congo, Wednesday, Jan. 29, 2025, after the M23 rebels advanced into eastern Congo's capital Goma. (AP Photo/Brian Inganga)
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Pic: AP

As the Romanian men pass through in a single file, they are chastised by M23 spokesperson Willy Ngoma who taps them mockingly one by one.

“Come on soldier!” he said. “You were fighting for money – we were fighting for our life!”

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Inside the Congolese city overrun by rebels

I corner him as he flags the buses through – could you have come this far without Rwanda’s support?

He tries to keep busy, and after the fourth time I repeat the question, he yells into my face in French:

“We are a Congolese army, we are Congolese! We fight for a fair and noble cause – we are Congolese. We are not helped by Rwanda!”

Sky’s Yousra Elbagir reports from Goma, Democratic Republic of Congo, where "hundreds of mercenaries" are sent to Rwanda by Rwandan-backed M23 rebels.
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M23 spokesperson Willy Ngoma gave a feverish denial that the rebels are backed by Rwanda

It will take more than a feverish denial to undermine the widely known support of Rwanda for M23 – one that has been condemned at the highest levels of the United Nations and senior diplomats from around the world.

As the “Welcome to Rwanda” sign gets closer, the last Romanian mercenary limps across with a wounded leg flanked by a UN security advisor and an Indian medic.

A surreal sight of a man heading home after fighting a war in a foreign country surrounded by Congolese families fleeing the war at home.

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Many feared dead after stampede at Maha Kumbh Hindu festival in northern India

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Many feared dead after stampede at Maha Kumbh Hindu festival in northern India

At least 30 people have died and 60 have been injured in a stampede at a Hindu festival in northern India.

Images from the scene in the city of Prayagraj, in Uttar Pradesh state, show bodies being stretchered away and rescuers helping those who were hurt.

All 60 people injured have been taken to hospital, according to local police.

Millions of people were attempting to take a holy bath in the river at the massive Maha Kumbh festival when there was an initial stampede at 1am local time (7.30pm UK time) on Wednesday.

People bathing in the Ganges on Wednesday. Pic: AP
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People bathing in the Ganges on Wednesday. Pic: AP

The banks and a bridge over the Ganges full of people on Wednesday. Pic: AP
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The banks and a bridge over the Ganges full of people on Wednesday. Pic: AP

Authorities said people trying to escape it were then caught in a second – and more serious – stampede at an exit.

Devotees had congregated to bathe at the confluence of the Ganges, the Yamuna and the mythical Saraswati rivers.

Authorities took more than 16 hours to release precise numbers of those injured and killed.

A Rapid Action Force unit, a special team deployed during crisis situations, was sent to the scene.

Security personnel assist a person after a stampede before the second "Shahi Snan" (grand bath) at the "Kumbh Mela" or the Pitcher Festival, in Prayagraj, previously known as Allahabad, India, January 29, 2025. REUTERS/Sharafat Ali
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Security teams helping those injured at the Maha Kumbh festival. Pic: Reuters

People react, after a deadly stampede before the second "Shahi Snan" (grand bath), at the "Maha Kumbh Mela" or the Pitcher Festival, in Prayagraj, previously known as Allahabad, India, January 29, 2025. REUTERS/Adnan Abidi
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People in a state of shock after the deadly stampede. Pic: Reuters

still from APTN direct showing rescue teams after a stampede at Maha Kumbh Mela festival in India Credit APTN
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A Rapid Action Force unit was sent to the scene. Pic: APTN

The state’s most senior official, Yogi Adityanath, made a televised statement later on Wednesday, urging those still planning to bathe in the Ganges to do it elsewhere on the riverbank.

“The situation is now under control, but there is a massive crowd of pilgrims,” he said.

Around 30 million people had taken the holy bath by 8am local time on Wednesday, he added.

Prime Minister Narendra Modi said he has spoken to Mr Adityanath, calling for “immediate support measures”, according to the ANI news agency.

map showing location of stampede at massive Maha Kumbh festival in India

Authorities had expected a record 100 million people to visit Prayagraj for the Maha Kumbh – “festival of the Sacred Pitcher” – on Wednesday for the holy dip.

It is regarded as a significant day for Hindus, due to a rare alignment of celestial bodies after 144 years.

Hindu devotees take a holy dip by the banks of the Sangam, the confluence of the Ganges, the Yamuna and the mythical Saraswati rivers, on "Mauni Amavasya" or new moon day during the Maha Kumbh festival in Prayagraj, Uttar Pradesh, India, Wednesday, Jan. 29, 2025. (AP Photo/Deepak Sharma)
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A woman bathing in the Ganges as part of the festival on Wednesday. Pic: AP

The Maha Kumbh festival, which is held every 12 years, started on 13 January, lasts six weeks, and is the world’s largest religious gathering.

Organisers had forecast that more than 400 million people would attend the pilgrimage site over the course of the festival.

Before stampede - devotees gather early in the morning during the "Maha Kumbh Mela", or the Great Pitcher Festival, in Prayagraj, India, January 28, 2025. REUTERS/Sharafat Ali
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Huge crowds gathered on Tuesday. Pic: Reuters


Indian Hindu devotees arrive for a holy dip at Sangam, the confluence of the Ganges, the Yamuna and the mythical Saraswati rivers, on the eve of the 'Mauni Amavasya' or new moon day during the Maha Kumbh festival, in Prayagraj, Uttar Pradesh, India, Tuesday, Jan. 28, 2025. (AP Photo/Rajesh Kumar Singh)
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People arriving for a holy bath on Tuesday. Pic: AP

Authorities have built a sprawling tent city on the riverbanks, equipped with 3,000 kitchens, 150,000 toilets and 11 hospitals.

Stampedes are relatively common around Indian religious festivals, where large crowds can gather in small areas.

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Elizabeth Rose Struhs’s parents and members of religious sect guilty of her manslaughter

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Elizabeth Rose Struhs's parents and members of religious sect guilty of her manslaughter

The parents of an eight-year-old Australian girl – and 12 other members of their hardline religious sect – have been found guilty of her manslaughter after withholding her diabetes medication.

Elizabeth Rose Struhs died on 7 January 2022 at home in Toowoomba, Queensland, after six days without insulin injections for her type 1 diabetes.

Her father Jason Struhs, 53, mother Kerrie Elizabeth, 49, brother Zachary Alan Struhs, 22, and the leader of the family’s religious group The Saints, Brendan Luke Stevens, 63, were among the 14 convicted over her death.

During the nine-week trial last year, the jury heard the faith healing group, which has been described by many in Australia as a cult, withheld her medication on purpose – believing God would save her.

After his arrest, Elizabeth Struhs’s father told a police officer: “I’m not jumping up and down in joy, but I’m at peace.

“I don’t feel sorry, I feel happy because now she’s at peace and so am I… she’s not dependent on me for her life now. I’m not trapped by diabetes as well.”

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Both he and Stevens were initially charged with murder – but Queensland Supreme Court judge Martin Burns found them guilty of manslaughter instead.

He said the prosecution had failed to prove the pair had shown reckless indifference to life.

“There remained a reasonable possibility that, in the cloistered atmosphere of the church which enveloped Struhs… that he [the father] never came to the full realisation Elizabeth would probably die,” the judge said.

But he found both Elizabeth’s parents had shown an “egregious departure from the standard of care”, with the support and encouragement of the other defendants, he said.

Elizabeth’s older sister Jayde Struths told reporters outside court on Tuesday: “Although we had a good outcome today, I have to acknowledge the system failed to protect Elizabeth in the first place.

“We are only here today because more wasn’t done sooner to protect her or remove her from a credibly unsafe situation in her own home.”

All 14 have been remanded in custody ahead of sentencing on 11 February.

They face life in prison – with the judge urging them to employ lawyers before the sentencing.

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