Reported 1 day ago
After President Trump's announcement of the $500 billion Stargate project aimed at boosting American tech, the emergence of China's AI startup DeepSeek has sparked concerns. DeepSeek claims it can develop high-quality AI using older and cheaper hardware than its U.S. counterparts, potentially influencing investor behavior and expectations in the AI sector. However, major tech firms like Microsoft, Meta, and Amazon are increasing their AI investments, suggesting DeepSeek may actually motivate further spending rather than derail Stargate.
Source: YAHOO