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DeepSeek’s ‘Sputnik moment’ exposes holes in U.S. curbs on chip export

Writer's picture: newsmediasmnewsmediasm

By our Special Correspondent

U.S. export controls on high-tech chips may have inadvertently fuelled the success of start-up DeepSeek’s AI chatbot, sparking fears in Washington there could be little it can do to stop China in the push for global dominance in artificial intelligence.

The firm, based in the eastern Chinese city of Hangzhou, has stunned investors and industry insiders with its R1 programme, which can match its American competitors seemingly at a fraction of the cost.

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