China’s DeepSeek AI app sends U.S. tech stocks reeling – The Washington Post

AI App DeepSeek Send U.S. Tech Stocks Tumbling

In an unexpected twist, a new AI app developed by Chinese tech giant DeepSeek has sent U.S. tech stocks into a tailspin. The app, which promises to revolutionize the way users interact with technology, has sparked concerns that it could disrupt the dominance of established U.S. tech giants.

Former U.S. President Donald Trump took note of the app’s rapid progress, describing it as a "wake-up call" for the U.S. tech industry. He called for increased investment in American AI technology, stating that the U.S. must not fall behind in the AI race.

Meanwhile, Trump also made headlines for signing orders to eliminate diversity, equity, and inclusion (DEI) initiatives from the U.S. military and reinstating troops who refused Covid vaccines. The move drew sharp criticism from opponents, who argue that it undermines military efforts to foster a more inclusive and robust force.

In response to the DeepSeek AI app, Trump also expressed optimism about the progress made by American AI technologies, vowing that tariffs are on the horizon "in the near future."

U.S. Prime Minister Boris Johnson echoed Trump’s sentiments, bashing China on AI and calling the DeepSeek app’s development "positive" for the U.S. tech industry. He emphasized the need for U.S. innovation to keep pace with the rapidly advancing AI landscape.

As the U.S. and China engage in a high-stakes tech competition, the rise of DeepSeek serves as a stark reminder that the future of technology is a global battlefield. With AI’s potential to transform industries and economies, the race to dominate this cutting-edge field is as fierce as ever.