In recent days, China’s AI startup, DeepSeek, has made waves after launching a generative AI chatbot that reportedly rivals the capabilities of leading US companies, but for a fraction of the investment.

China's DeepSeek shakes the AI world with its game-changing rise to the top, dethroning OpenAI's ChatGPT as the most-downloaded free app on Apple's App Store. This surprising move has sparked strong reactions,

News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence.

There are already signs that Elon Musk’s marriage of convenience to President Donald Trump could be a fraught union. Musk turned more than a few heads by taking the lead on defeating a government spending bill last month — Trump doesn’t like being overshadowed — and undercutting a just-announced White House AI project last week.

Elon Musk, the genius billionaire behind Tesla, SpaceX, and now the Department of Government Efficiency (D.O.G.E), has vowed to cut wasteful spending in Washington under his “best friend” President Donald Trump’s administration.

In a CNBC interview, Scale AI’s CEO Alexandr Wang disclosed that DeepSeek holds over 50,000 NVIDIA H100 chips, restricted from public discussion due to US export regulations. This revelation sparks discussions on AI competition and the impact of tech restrictions on international companies.

Update: The story was updated to include that DeepSeek is now limiting registration. Tesla CEO Elon Musk seemed to agree with CEO of Scale AI A

Nvidia on Monday said Chinese AI firm DeepSeek's advances show the usefulness of its chips for the Chinese market and that more of its chips will be needed in the future to meet demand for DeepSeek's services.