With around six million dollars and a stockpile of chips acquired before Washington banned their export to China, startup DeepSeek has produced what Chinese tech titans couldn't -- a world-class AI chatbot.
The success will come with heightened scrutiny, both from Western governments with long-held suspicions about Chinese technology, but also from Beijing, whose stern regulatory crackdown on the sector, though eased in 2022, still has a chilling effect.
Howard Lutnick, Trump’s nominee to lead the Commerce Department, slammed China for allegedly using U.S.-manufactured technology to compete with American artificial intelligence (AI) firms after Chinese AI startup DeepSeek took the internet and stock market by storm.
Donald Trump has made a blitz of announcements designed to boost the United States’ tech industry.
