News
What Is DeepSeek & Why Is It Shaking Up The AI World?
The Chinese startup has already caught the tech world’s attention with its cost-efficient and high-performing open-source models.

DeepSeek, a rising AI startup from China, has caught the tech world’s attention by showcasing cutting-edge artificial intelligence models that rival top-tier chatbots at a fraction of the cost. Despite being less than two years old, the company has sparked both admiration and unease in Silicon Valley. The buzz escalated when DeepSeek’s app shot to the top of the iPhone download chart in the U.S. earlier this year, sending shockwaves through global tech stock markets.
Founded in 2023 by Liang Wenfeng, the leader of AI-powered quant hedge fund High-Flyer, DeepSeek has embraced an open-source approach. This transparency allows developers worldwide to examine and refine the software, creating opportunities for widespread collaboration and potentially making it easier to create new chatbot applications.
However, what really sets DeepSeek apart from rivals is its unique ability to articulate reasoning before delivering responses to prompts, offering users greater insight into the AI’s decision-making process. In addition, the company claims its R1 model already matches the performance of OpenAI’s latest releases.
Lower Costs, Bigger Questions
DeepSeek’s AI models are notable not just for their quality but also for their cost-efficiency. Although details remain vague, the company claims its models require significantly less investment to train and operate than those of industry leaders like OpenAI or Meta. This raises questions about the necessity of the vast sums companies have funneled into AI infrastructure — Meta alone has projected over $65 billion in spending for 2025.
DeepSeek’s efficiency has already sparked a price war among major Chinese AI developers, driving costs down across the board. For global competitors, DeepSeek’s rise could pressure established players to completely rethink their pricing strategies in order to hold their ground.
Also Read: Top Free AI Chatbots Available In The Middle East
Shaping The Future Of AI
With developers around the globe actively exploring DeepSeek’s open-source software to build new tools and applications, we could soon see hastened adoption of far more advanced AI reasoning models.
However, this rapid progress also amplifies concerns about responsible AI development. As more powerful tools become accessible, the call for stronger regulation to manage their deployment may grow louder.
In the short term, DeepSeek’s innovations are forcing the AI industry to rapidly adapt. Whether it’s prompting competitors to lower costs, rethink infrastructure investments, or accelerate regulatory discussions, this young startup is already making waves far beyond its size.
News
Yango Ride Expands Corporate Transport Service In Abu Dhabi
Known as Yango Rides for Business, the solution aims to simplify business travel management for companies operating across Emirates.

Yango Ride, a global ride-hailing service under the Yango Group, has extended its corporate transport solution, Yango Rides for Business, to Abu Dhabi. Initially launched in Dubai in 2024, the company is now expanding in a bid to simplify business travel for companies operating between both Emirates.
Yango Rides for Business offers a streamlined way to handle employee transportation through a single platform. Instead of dealing with the hassle of prepayments or reimbursement claims, businesses will be able to consolidate all ride expenses under a single corporate account that’s billed monthly. The setup makes it easier to track spending while ensuring expenses remain fully tax-deductible.
A key advantage of the service is its flexibility, allowing managers to set ride permissions and budget limits for employees and clients. Businesses can tailor transport solutions based on team needs — whether for daily commutes or specific travel requirements. Additionally, a dedicated account management system provides real-time analytics, enabling firms to monitor usage patterns and optimize costs.
Islam Abdul Karim, Regional Head of Yango Middle East, highlighted the importance of this expansion, explaining: “Abu Dhabi’s 4.5% economic growth in Q3 2024 reflects a thriving business environment where seamless mobility is essential for productivity. Yango Rides for Business simplifies corporate transportation, reducing administrative tasks and optimizing costs. By providing a centralized solution, we help companies ensure smooth employee travel experiences, supporting efficiency and growth in this dynamic market”.
Also Read: Dubai Teams Up With Elon Musk’s Boring Company For “Dubai Loop”
Meanwhile, Ivan Kaplunovich, Head of Yango Rides for Business, emphasized the benefits of the service, adding: “Today’s businesses need to balance cost efficiency with flexibility in a fast-changing environment. Yango Rides for Business gives companies a seamless way to manage corporate transportation — from controlling expenses and booking rides to simplifying billing and generating custom reports. With this level of flexibility, businesses can stay focused on growth, innovation, and delivering value”.
-
News2 weeks ago
Password & Crypto-Stealing Trojan Targets UAE Users Via App Stores
-
News3 weeks ago
Fintech Galaxy Gains Approval To Pilot Open Banking In Jordan
-
News3 weeks ago
Qatar’s Rasmal And Deniz Ventures Back TeamSec With $7.6M Investment
-
News2 weeks ago
Catch A Glimpse Into The Future Of Tech At Step Dubai 2025