DeepSeek: Chinese AI firm on US national security radar
Published On Jan 29, 2025, 12:22 AM
US officials are examining the national security implications of an AI breakthrough by Chinese company DeepSeek, which has raised concerns within the US government and military. The US Navy has banned its personnel from using DeepSeek's apps due to security and ethical worries. Meanwhile, OpenAI aims to work closely with the US government to defend its technology against foreign competitors. The rise of DeepSeek's AI model has led to declines in stocks of US tech firms, prompting concerns over the competitiveness and sustainability of US investments in AI.
Stock Forecasts
QQQ
Negative
Given the heightened security concerns and the scrutiny on DeepSeek, as well as the potential retaliatory measures from US tech companies, the American tech sector could see increased investments. However, the initial panic has caused shares to fall, and while they may recover, the immediate outlook might remain negative until a clearer picture emerges regarding the competitive landscape and security implications.
Related News
Yahoo Finance Chartbook: 44 charts that tell the story of markets and the economy to start 2025
Jan 28, 2025, 5:58 AM
Across more than three dozen charts, top Wall Street experts explain how the stock market's outstanding two-year run is reaching a turning point as a new president enters the Oval Office and interest rates are expected to remain higher than the pre-pandemic normal.
DeepSeek Prompts a Reckoning Across Wall Street and Silicon Valley
Jan 27, 2025, 7:43 AM
The fast-growing popularity of the Chinese artificial intelligence software hit shares in tech giants like Nvidia, as Silicon Valley worried about what comes next.
Odds of U.S. recession declining: NABE economists
Jan 27, 2025, 6:00 AM
The U.S. economy is on solid footing, according to a new survey from the nation’s leading economists, who are also keeping a close eye President Trump's incoming policies.