A man takes photos of a DeepSeek display at a shopping mall in Hangzhou, in China's eastern Zhejiang province on April 23, 2026. Chinese startup DeepSeek released a new artificial intelligence model with "drastically reduced" costs on April 24, more than a year after it stunned the world with a low-cost reasoning model that matched the capabilities of US rivals. Afp | Getty ImagesChina's DeepSeek has a precondition for its $7.4 billion maiden fundraise: no poaching the AI lab's talents. During a...