DeepSeek: How China's 'AI heroes' overcame US curbs to stun Silicon Valley
Chinese company DeepSeek has created a major challenge for US companies by developing powerful AI technology at low cost. As a result, the dominance of the US technology sector is under threat, but President Trump also sees it as an opportunity. DeepSec's affordable model has caused a major crash in the stock market, with Nvidia shares in particular falling 17%. The Chinese government is investing in AI talent and technology, which is giving them a strong position in the international competition.