When there's an innovative technology that's useful to the general population and it's affordable, people will use it, said Vic Shao, founder of DC Grid, which delivers off-grid, direct current power to data centers and electric vehicle charging stations.

App users warned Beijing could weaponise Chinese chatbot for ‘surveillance and coercion’ - DeepSeek says its AI model is similar to US giants like OpenAI, despite fears of censorship around issues sen

The S&P500 and the Nasdaq Composite declined as investors questioned America's AI dominance after DeepSeek launched its free AI chatbot.

The Chinese AI app has exploded on the world market, challenging the dominance of traditional business giants.

Uranium, regarded as key to the development of power-intensive AI as a fuel for nuclear power, fell on Monday night.

DeepSeek's AI assistant became the No. 1 downloaded free app on Apple's iPhone store Monday, propelled by curiosity about the ChatGPT competitor. Part of what's worrying some U.S. tech industry observers is the idea that the Chinese startup has caught up with the American companies at the forefront of generative AI at a fraction of the cost.