President Donald Trump said Monday that the sudden rise of Chinese AI app DeepSeek “should be a wake-up call” for America’s tech companies.
A Chinese AI model built on a shoestring budget has shocked Silicon Valley and presented a major challenge to Donald Trump.
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Among the biggest market drivers over the past couple of years have been the developments in the artificial intelligence (AI) industry. In simplest terms, AI's advanced algorithms
Trump named venture capitalist David Sacks as his AI and cryptocurrency czar in December.
About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen
Donald Trump is already upending corporate America again. He's just at the beginning of his first 100 days in the White House.
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.
MIAMI (Reuters) - U.S. President Donald Trump said on Monday that Chinese startup DeepSeek's technology should be a wakeup call for American companies and said it was good that companies in China have come up with a faster method of artificial intelligence.
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker Nvidia shed $589 billion in market capitalization.
EST Nvidia releases its first statement on DeepSeek as its stock dipped to a 18% loss on the day, calling the Chinese company’s model “an excellent AI advancem