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Chinese AI chatbot DeepSeek upended the global industry and wiped billions of US tech stocks when it unveiled its R1 programme, which it claims was built on cheap, less sophisticated Nvidia ...
Less than three weeks into Trump’s second term, two market shocks complicated the investing scenario — one is directly aimed at tech investing, i.e. the DeepSeek rout and the other is the trade war.
The country’s defense ministry has blocked DeepSeek from military networks. The Personal Information Protection Commission (PIPC) has asked the Chinese AI startup to clarify how it handles user data.