In 2024, Huawei invested $24.6bn in research and development, representing 20.8 per cent of its annual revenue
US officials are worried about DeepSeek’s handling of user data, which the company says it stores in servers located in China
Shares of Nvidia plummeted 17 per cent on Monday, wiping $593bn from the chipmaker’s market value
DeepSeek’s AI Assistant, powered by DeepSeek-V3, has overtaken rival ChatGPT to become the top-rated free application available on Apple’s App Store in the US
Experts believe that DeepSeek’s emergence suggests that China can continue to make strides in the AI race despite US restrictions