0512 GMT - DeepSeek's innovations could accelerate the development of AI apps, say Nomura analysts in a research note. DeepSeek's generative AI applications have enjoyed robust growth in the past few weeks, and its daily active users reached 23 million as of February, outperforming ByteDance Doubao's around 16 million, Nomura says, citing QuestMobile data. For China's AI industry chain, the analysts believe that DeepSeek's innovation, which achieved high performance with limited computing power, may lead to better demand for domestic AI solutions, including hardware and software applications. It is likely to lead to more solid business and monetization models in the near future, they add. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
February 13, 2025 00:12 ET (05:12 GMT)
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