Moore Threads, the Chinese chipmaker often likened to “China’s Nvidia,” surged more than 500pc on its stock market debut, underscoring growing concerns about an AI-driven market bubble.
OpenAI alleges that DeepSeek utilized “distilled” data for training its AI models.
According to Bloomberg News, OpenAI has accused its Chinese rival, DeepSeek, of leveraging the American company’s AI model to develop its own chatbot.
Trump describes DeepSeek as a wake-up call for the United States.
Donald Trump has described DeepSeek’s emergence as a “wake-up call” for American companies following its role in triggering a nearly $1 trillion decline in the stock market.
US Stock Markets Plunge Amid China’s Competitive AI Chatbot Launch
U.S. equity markets experienced significant declines as investors reacted to rising fears surrounding China’s advancements and potential threats in the artificial intelligence sector.
Chinese AI Chatbot DeepSeek Sparks a $1 Trillion Wipeout in Technology Stocks
Introducing DeepSeek’s new chatbot has brought global financial markets into turmoil.