DeepSeek AI claims a $6 million breakthrough, but is it innovation or deception? Explore China's AI strategy, Wall Street’s reaction, and the truth behind its rapid rise.
DeepSeek had a sudden rise to popularity after it launched a powerful AI model that it said had been trained extremely cheaply.
The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.
House lawmakers are unveiling the "No DeepSeek on Government Devices Act" to ban the app over concerns that it could be sharing data with China's government.
Lawmakers from both parties are poised to introduce a bill that would bar Chinese AI company DeepSeek’s chatbot from government devices due to national security concerns, per The Wall Street Journal.
The market looks like it's heading back the speculative mania seen during the pandemic-era boom, Jim Chanos said.
A bipartisan bill is already coming that would ban DeepSeek from government devices, echoing TikTok's journey.
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Lawmakers are said to be working on a bill to block the Chinese chatbot app from government devices, underscoring concerns ...