The tech industry, or technology industry, refers to a sector of the economy focused on the development, manufacturing, and distribution of technology-based products and services. This includes a wide range of fields such as software development, hardware production, telecommunications, electronics, internet services, and various applications of information technology. Companies within the tech industry can range from large multinational corporations to small startups, and they often innovate and create solutions aimed at improving efficiency, communication, and connectivity in various aspects of life and business. The industry is characterized by rapid advancements and high levels of research and development, making it a driving force in economic growth and societal change.
DeepSeek challenges major players in AI with an innovative model, indicating a shift in the tech landscape. The rise of open-source AI could disrupt traditional tech giants and influence investment…