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World

Will Chinese AI get the Treasury off the hook?

28 January 2025

3:36 AM

28 January 2025

3:36 AM

The launch of the Chinese chatbot DeepSeek has caused turmoil in the markets. The release of China’s newest AI – which appears to work as effectively as programmes developed in the West – saw tech stocks plummet when the market opened today. It hasn’t helped that DeepSeek was made for $6 million: pennies compared to its competition.

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