Previously little-known Chinese startup DeepSeek has dominated headlines and app charts in recent days thanks to its new AI chatbot, which sparked a global tech sell-off that wiped billions off Silicon Valley’s biggest companies and shattered assumptions of America’s dominance of the tech race.

It’s Not Just DeepSeek. A Guide to the Chinese AI Companies You Need to Know. When DeepSeek jolted the global tech world with its low-cost model, it also threw the spotlight on China’s booming AI market, a sector that the Chinese government has identified as a national priority.