U.S. President-elect Donald Trump has told advisers he wants to travel to China after he takes office, the Wall Street Journal reported on Saturday ... Vice President Han Zheng will attend as Beijing stands ready to strengthen cooperation.
Last week's release of the latest DeepSeek model initially received limited attention, overshadowed by the inauguration of Trump.
Floor signage for the offices of DeepSeek (C) is seen in Beijing on January 28, 2025. Fears of upheaval in the AI gold rush rocked Wall Street, following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a “wake-up call” for Silicon Valley. (Photo by PETER CATTERALL / AFP)
President-elect Trump is interested in heading back to China after he takes office again amid tensions with Beijing, according to a report.
DeepSeek is a new artificial intelligence chatbot that’s sending shock waves through Wall Street, Silicon Valley and Washington. The app, named after the Chinese start-up that built it, rocketed to the top of Apple’s App Store in the United States over the weekend.
Chinese firm DeepSeek's artificial intelligence chatbot has soared to the top of the Apple Store's download charts, stunning industry insiders and analysts with its ability to match its US competitors.
The US President has previously called for tariffs as high as 60% on China, and analysts have expressed mixed feelings about the news.
A Chinese company’s claim of a $5.6 million artificial intelligence breakthrough wiped almost $600 billion from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech companies’ AI spending spree will continue and dealing an apparent blow to US tech leadership.
US President-elect Donald Trump wants to travel to China after he takes office as part of his effort to deepen relations with Beijing, and also has talked to advisors about visit to India.
Former long-time Wall Street CEO also pledges ‘across-the-board tariffs’ to gain leverage against Beijing and other countries.
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish.
Emojis of “DeepSeek pride,” often with smiling cats or dogs, flooded Chinese social media, adding to the festive Lunar New Year atmosphere.