People across China have taken to social media to hail the success of its homegrown tech startup DeepSeek and its founder, after the company unveiled its newest artificial intelligence model, sending shock waves through Silicon Valley and Wall Street.

DeepSeek's ability to build powerful models more efficiently has put a giant question mark over the US tech industry's approach to AI

The sudden popularity of a Chinese artificial intelligence app called DeepSeek pummeled tech stocks and captivated Silicon Valley on Monday, prompting debate in political and tech industry circles about how the United States can maintain its lead in AI.

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.

An artificial intelligence lab in China has become the latest front in the U.S.-China rivalry, raising doubts as to how much — and for how much longer — the United States is in the lead in developing the strategically key technology.

China wants to be the dominant player in AI by 2030 and the country is plowing enormous amounts of money into the AI infrastructure to compete with the US