Trump says China’s DeepSeek AI chatbot is a ‘wake-up call’
Emergence of ‘cheap’ Chinese rival has wiped $1tn off the value of leading US tech companiesWhat is DeepSeek and why did US tech stocks fall?Business live – latest updatesDonald Trump has said that the launch of a chatbot by China’s DeepSeek is a “wake up call” for US tech firms in the global race to dominate artificial intelligence.The emergence of DeepSeek, which has built its R1 model chatbot at a fraction of the cost of competitors such as OpenAI’s ChatGPT and Google’s Gemini, wiped $1tn (£800bn) in value from the leading US tech index on Monday. Continue reading...
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Emergence of ‘cheap’ Chinese rival has wiped $1tn off the value of leading US tech companies
Donald Trump has said that the launch of a chatbot by China’s DeepSeek is a “wake up call” for US tech firms in the global race to dominate artificial intelligence.
The emergence of DeepSeek, which has built its R1 model chatbot at a fraction of the cost of competitors such as OpenAI’s ChatGPT and Google’s Gemini, wiped $1tn (£800bn) in value from the leading US tech index on Monday. Continue reading...
