29 January 2025

US officials are looking at the national security implications of the Chinese artificial intelligence app DeepSeek, White House press secretary Karoline Leavitt said on Tuesday, while President Donald Trump’s cryptocurrency tsar said it was possible that intellectual property theft could have been at play. The National Security Council is reviewing the app’s implications, Leavitt said. […]

As China’s DeepSeek – a relatively recent entrant in a crowded field of companies producing artificial intelligence (AI) models – threatens the dominance of the United States in the nascent but highly competitive sector, the province that nurtured the upstart company is taking steps to become a world-leading hub for frontier technologies of all types.

The earthquake that struck US tech stocks this week over the advance of Chinese artificial intelligence start-up DeepSeek is sending shock waves beyond Wall Street and Silicon Valley, threatening to alter Washington’s sanctions, export bans and ‘high-fence, small-yard’ scheme that has irked Beijing. On Monday, the Nasdaq Composite Index retreated more than 3 per cent,