The U.S. Administration is considering banning DeepSeek over fears of China’s technological advancements in AI. Officials are worried that DeepSeek’s capabilities may accelerate China’s AI dominance, impacting U.S. Interests.
Nvidia has predicted a loss of 5.5 billion USD if AI chip exports to China are curtailed. This could significantly influence the company’s market position and overall tech sector.
The U.S. Select Committee has accused DeepSeek of misusing American user data and has raised national security concerns, implying a link to the Chinese Communist Party.
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