The fallout: Several tech stocks slid yesterday, with AI chip maker Nvidia losing $589 billion in market capitalization. Trump said DeepSeek should be “ a wake-up call ” to tech leaders. Holocaust survivors marked the 80th anniversary of the liberation of Auschwitz.
As Chinese AI application DeepSeek attracts hordes of American users, Trump administration officials, lawmakers and cybersecurity experts are expressing concern that the technology could pose a threat to U.S. national security.
Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.
According to a statement from OpenAI, “Arm, Microsoft, NVIDIA, Oracle, and OpenAI” are the initial tech partners, with a buildout “currently underway” starting in Texas as other sites across the country are evaluated. It also says that “Oracle, NVIDIA, and OpenAI will closely collaborate to build and operate this computing system.”
DeepSeek, a Hangzhou-based startup founded in 2023, shot to the top of Apple’s App Store free app chart after releasing a new open-source AI model it says rivals OpenAI's work. Its website was hit by outages amid a spike in interest.
White House ‘looking at’ national security implications of Chinese AI breakthrough - DeepSeek says its AI model is similar to US giants like OpenAI, despite fears of censorship around issues sensitive
A competitive artificial intelligence model from a Chinese startup showed high-powered AI can be done much cheaper than U.S. models perform. The prices of eggs are estimated to rise, despite promises from the White House otherwise. USA soccer player Naomi Girma has set a record for women in the sport.
Silicon Valley’s been rattled by a low-cost Chinese AI – with the start-up claiming its DeepSeek technology can emulate the performance of ChatGPT, at a fraction of the cost. Its launch shook share markets and spawned allegations from OpenAI that their Chinese rivals used its work and models to make their artificial intelligence.
AI-powered chatbot, DeepSeek’s app quickly topped Apple’s App Store charts, a notable achievement given U.S. restrictions on Chinese access to advanced AI chips. Shares in major tech firms such as Nvidia fell sharply,