In this article META Follow your favorite stocks CREATE FREE ACCOUNT Omer Taha Cetin | Anadolu | Getty Images DeepSeek's powerful new artificial intelligence model isn't just a win for China — it's a victory for open-source versions of the tech from the likes of Meta , Databricks, Mistral and Hugging Face, according to industry experts who spoke with CNBC. Last month, DeepSeek released R1, an open-source reasoning model that claims to rival the performance of OpenAI's o1 model using a cheaper, less energy-intensive process. The development caused the market values of Nvidia and other chipmakers to plummet on fears...