On Monday, President Trump stated that the sudden rise of the Chinese AI application DeepSeek "should be a wake-up call for US tech companies," adding that it is a positive development for Chinese companies to develop cheaper and more efficient AI models. Trump said he still expects US tech companies to dominate the AI field, but he acknowledged the challenge posed by DeepSeek, a low-cost AI assistant that surged to the top of the Apple App Store over the weekend. "The launch of DeepSeek AI b...

On Monday, President Trump stated that the sudden rise of the Chinese AI application DeepSeek "should be a wake-up call for US tech companies," adding that it is a positive development for Chinese companies to develop cheaper and more efficient AI models. Trump said he still expects US tech companies to dominate the AI field, but he acknowledged the challenge posed by DeepSeek, a low-cost AI assistant that surged to the top of the Apple App Store over the weekend. "The launch of DeepSeek AI b...