Politics

Chinese AI Upstart Sparks $1 Trillion Market Rout After Trump Hyped AI Megadeal

SPACE RACE 2.0

Marc Andreessen, a tech entrepreneur who serves as an adviser to Trump, tweeted that DeepSeek’s new model is “AI’s Sputnik moment.”

Trump and SoftBank CEO Masayoshi Son, Oracle CTO Larry Ellison, and OpenAI CEO Sam Altman at the White House
Photo Illustration by Elizabeth Brockway/The Daily Beast/Getty

Got a tip? Send it to The Daily Beast here.