The sudden rise of Chinese AI app DeepSeek has leaders in Washington and Silicon Valley grappling with how to keep the U.S. ahead in the crucial technology.

DeepSeek threatens to disrupt the AI sector in a similar fashion to the way Chinese companies have already upturned sectors such as EVs and mining.

Computer chip equipment maker ASML's CEO on Wednesday made the case that the advent of efficient AI models such as one China's DeepSeek has launched is a net positive for chip markets. Christophe Fouquet said that perceptions of AI spending are skewed by the massive investments being made by "hyperscalers" - companies such as Google,

ASML Holding NV brushed off concerns about the artificial intelligence-driven demand for its chipmaking machines after Chinese startup DeepSeek’s low-cost chatbot roiled markets earlier in the week.

DeepSeek prompted a major sell off of tech stocks this week, but ASML's chief says the artificial-intelligence upstart could boost the chips sector in the longer term. Tech stocks—including ASML—fell

OpenAI is examining whether Chinese artificial intelligence (AI) startup DeepSeek improperly obtained data from its models to build a popular new AI assistant, a spokesperson confirmed to The

OpenAI says DeepSeek, its sudden Chinese rival, may have "inappropriately” taken data from its model to spin up its own artificial intelligence chatbot. DeepSeek released a surprisingly effective and inexpensive Large Language Model,

It’s impossible to look at the Chinese artificial intelligence startup DeepSeek’s new AI model without comparing it against OpenAI, the dominant American rival.DeepSeek has touted its latest AI model,