The writer is a financial journalist
When DeepSeek emerged from obscurity this year, the large language model was hailed as China’s ‘Sputnik’ moment. It spoke to the ambitions of China to challenge the dominance of the US and Silicon Valley in both hardware and software.
In India, though, the breakthrough brought both dismay and soul searching. The South Asian country has long prided itself on the quality of its engineering talent. After all, many of the engineers who develop the leading edge chips at Nvidia are Indians. They are graduates of schools such as MIT and Carnegie Mellon — and the insanely competitive Indian Institutes of Technology back home.
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