MIAMI: US President Donald Trump said on Monday (Jan 27) the low-cost Chinese AI model DeepSeek was a "wake up call" for US firms, after its emergence caused a rout in tech shares.
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The debut of China’s DeepSeek AI lab is raising doubts about the billions of dollars the tech sector is investing in data centers.
Trump calls Chinese startup DeepSeek's cheaper AI methods "a positive," as U.S. tech stocks plunge amid market sell-off.
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US President Donald Trump has confirmed plans to enact an additional 10 percent tariff on products from China and 25 percent on those from Canada and Mexico starting next month after he accused China of sending fentanyl to the two countries, saying it ends up in the United States.
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Tampa company iGas USA filed a petition against the U.S. Environmental Protection Agency in 2023 which is being defended by the U.S. Justice Department.
Donald Trump has called China's DeepSeek AI a "wake up call" for US tech firms, following a significant decline in tech stocks and rising competition.