On Monday, as DeepSeek’s recently introduced innovations wiped over $1 trillion off the value of U.S. stocks, and just days after announcing a privately funded $500 billion AI infrastructure push, President Donald Trump said DeepSeek’s rise was “a wake-up call for our industries that we should be laser-focused on competing to win.”
President Donald Trump and OpenAI chief Sam Altman weighed in on the buzz surrounding DeepSeek, a Chinese artificial intelligence startup that rocked the U.S. tech sector on Monday.
Trump said on Tuesday (AEDT) that the launch of DeepSeek was a “wake-up call” to American tech firms. He said US companies “need to be laser-focused on competing to win.” However, Trump said the Made in China AI could also be positive and drive more American digital advancement.
President Donald Trump’s artificial intelligence and crypto czar warned American investors not to panic after the remarkable development of a Chinese startup’s AI chatbot spooked global markets Monday.
The US president wants US tech companies to dominate artificial intelligence but acknowledges the challenge posed by the low-cost rival, DeepSeek.
Donald Trump said rise of Chinese AI application DeepSeek is a wake up for US firms to focus on AI competition.
Chinese AI startup DeepSeek rocked the U.S. tech sector by releasing an AI model that appeared to rival those built by leading AI labs—at a fraction of the price.
Trump, who recently announced a $500 billion AI infrastructure project involving OpenAI and Nvidia, said the release of DeepSeek’s AI model “should be a wake-up call for our industries that we need to be laser-focused on competing to win.”
US President Donald Trump has issued a warning about the low-cost Chinese AI tool DeepSeek AI, which caused a significant impact on tech stocks at Wal
The Chinese startup DeepSeek released an AI reasoning model that appears to rival the abilities of a frontier model from OpenAI, the maker of ChatGPT.
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.