White House evaluates effect of China AI app DeepSeek on national security

Quick Summary:

Investors sold tech stocks over concerns that a low-cost Chinese AI model would threaten market dominance of US-based AI leaders.

Trump said on Monday the Chinese app should act as a spur for American companies and added it was good that companies in China have come up with a cheaper, faster method of artificial intelligence.“The release of DeepSeek AI from a Chinese company should be a wake-up call for our industries that we need to be laser-focused on competing to win,” Trump said.

During his administration, former President Joe Biden placed a wide range of export restrictions on AI chips and the equipment used to make them, hoping to hamper AI development in China.

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Article Details

Author / Journalist: Reuters

Category: Technology

Markets: Hong KongChina

Topics: Companies Model Deepseek President Added Trump Sacks White American House Chinese

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 10:23:11 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 342 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 43 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 25595647

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