Move over ChatGPT, there’s a new contender to the throne. Chinese startup DeepSeek AI blasted its way to the top of Apple’s App Store this week, hammering U.S. tech stocks in the process — and reacting to the news on The Daily Show, Jon Stewart was shocked and appalled.

“I was promised a new era of American prosperity and greatness!” says the host in the clip above. “DeepSeek? DeepSeek? We’re getting our asses kicked by DeepSeek? Who names an AI company after the thing it actually does? Where are your random letters? Where’s your GPT, your Grok? DeepSeek sounds like what you might use it for — China’s even beating us at naming shit.”

Luckily, Stewart is able to find some light at the end of the tunnel. “I do know this is bad news financially, but is anyone else somewhat excited that AI had its job replaced by AI?”

If you’re interested in why DeepSeek is getting so much attention, here’s what it does better than OpenAI’s ChatGPT.