Floor signage for the offices of DeepSeek (C) is seen in Beijing on January 28, 2025. Fears of upheaval in the AI gold rush rocked Wall Street, following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a “wake-up call” for Silicon Valley. (Photo by PETER CATTERALL / AFP)

U.S. President-elect Donald Trump has told advisers he wants to travel to China after he takes office, the Wall Street Journal reported on Saturday ... Vice President Han Zheng will attend as Beijing stands ready to strengthen cooperation.

Did the upstart Chinese tech company DeepSeek copy ChatGPT to make the artificial intelligence technology that shook Wall Street this week?

President-elect Trump is interested in heading back to China after he takes office again amid tensions with Beijing, according to a report.

SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.

Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives.

A Chinese company’s claim of a $5.6 million artificial intelligence breakthrough wiped almost $600 billion from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech companies’ AI spending spree will continue and dealing an apparent blow to US tech leadership.

Chinese firm DeepSeek's artificial intelligence chatbot has soared to the top of the Apple Store's download charts, stunning industry insiders and analysts with its ability to match its US competitors.

Markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan.

The US President has previously called for tariffs as high as 60% on China, and analysts have expressed mixed feelings about the news.

Last week's release of the latest DeepSeek model initially received limited attention, overshadowed by the inauguration of Trump.

US President-elect Donald Trump wants to travel to China after he takes office as part of his effort to deepen relations with Beijing, and also has talked to advisors about visit to India.