DeepSeek’s AI should be a ‘wakeup call’ to US industry

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DeepSeek’s AI should be a ‘wakeup call’ to US industry

MIAMI (Reuters) -U.S. President Donald Trump said on Monday that ******** startup DeepSeek’s technology should act as spur for American companies and said it was good that companies in China have come up with a cheaper, faster method of artificial intelligence.

“The release of DeepSeek, AI from a ******** company should be a wakeup call for our industries that we need to be laser-focused on competing to win,” Trump said in Florida.

Investors sold technology stocks across the globe on Monday over concerns the emergence of a low-cost ******** artificial intelligence model would threaten the dominance of the current U.S.-based AI leaders.

“I’ve been reading about China and some of the companies in China, one in particular coming up with a faster method of AI and much less expensive method, and that’s good because you don’t have to spend as much money. I view that as a positive, as an asset,” Trump said.

“I view that as a positive because you’ll be doing that too, so you won’t be spending as much, and you’ll get the same result, hopefully,” he said.

Trump said ******** leaders had told him the United States had the most brilliant scientists in the world, and he indicated that if ******** industry could come up with cheaper AI technology, U.S. companies would follow.

“We always have the ideas. We’re always first. So I would say that’s a positive that could be very much a positive development. So instead of spending billions and billions, you’ll spend less, and you’ll come up with, hopefully, the same solution,” Trump said.

(Reporting by Nandita Bose; additional reporting by Jeff Mason and Ryan Jones; editing by Chris Reese and Leslie Adler)

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