Donald Trump thinks the Chinese startup DeepSeek, which claims it has a technical advantage over US rivals, should be “a wakeup call” for American AI firms.
DeepSeek says its artificial intelligence models are comparable with those from US giants, like OpenAI which is behind ChatGPT and Google’s Gemini, but potentially a fraction of the cost.
That has triggered a fall in various US shares, especially chipmaker Nvidia which registered a record one-day loss for any company on Wall Street.
But the US president believes the success of the Chinese firm could be helpful to America’s AI aspirations.
“The release of DeepSeek, AI from a Chinese company should be a wakeup call for our industries that we need to be laser-focused on competing to win,” Mr Trump said in Florida.
Image: Sam Altman, CEO of OpenAI, has promised to outperform rival firm DeepSeek. Pic: AP
He pointed to DeepSeek’s ability to use fewer computing resources. “I view that as a positive, as an asset… you won’t be spending as much, and you’ll get the same result, hopefully,” he added.
On Monday, the DeepSeek assistant had surpassed ChatGPT in downloads from Apple’s app store.
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OpenAI CEO Sam Altman has given his rival some acknowledgement in a post on X, reacting to DeepSeek’s R1 “reasoning” model – a core part of the AI technology which answers questions.
“DeepSeek’s r1 is an impressive model, particularly around what they’re able to deliver for the price,” he wrote.
But Mr Altman was also defiant: “We will obviously deliver much better models and also it’s legit invigorating to have a new competitor! we will pull up some releases.”
What is DeepSeek?
DeepSeek is a startup founded in 2023 in Hangzhou, China.
Its CEO Liang Wenfeng previously co-founded one of China’s top hedge funds, High-Flyer, which focuses on AI-driven quantitative trading.
By 2022, it had created a cluster of 10,000 of Nvidia’s high-performance chips which are used to build and run AI systems. The US then restricted sales of those chips to China.
DeepSeek said recent AI models were built with Nvidia’s lower-performing chips, which are not banned in China – suggesting cutting-edge technology might not be critical for AI development.
In January 2024 it released R1, a new AI model which it claimed was on par with similar models from US companies, but is cheaper to use depending on the task.
Since DeepSeek’s chatbot became available as a mobile app it has surpassed rival ChatGPT in downloads from Apple’s app store.
There have been concerns DeepSeek could undermine the potentially $500bn (£401bn) AI investment by OpenAI, Oracle and SoftBank in Stargate which Mr Trump announced last week at the White House.
That project essentially aims to build vastly more computing power to boost AI development.
But while addressing Republicans in Miami on Monday, Mr Trump remained upbeat. He claimed that Chinese leaders had told him the US had the most brilliant scientists in the world.
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Donald Trump has claimed Russia is “making concessions” in talks to end the Ukraine war – and that Kyiv is “happy” with how talks are progressing.
Speaking to reporters on Air Force One as he flew out to his Florida estate for Thanksgiving, Mr Trump said “we’re making progress” on a deal and said he would be willing to meet with both Vladimir Putin and Volodymyr Zelenskyy once they are close to an agreement.
He also said his previously announced deadline of Thursday, which is Thanksgiving, was no longer in place – and that the White House’s initial 28-point peace plan, which sparked such concern in Kyiv, “was just a map”.
Image: U.S. President Donald Trump looks on aboard Air Force One during travel to Palm Beach, Florida, from Joint Base Andrews, Maryland, U.S., Nov
Asked if Ukraine had been asked to hand over too much territory, Mr Trump suggested that “over the next couple of months [that] might be gotten by Russia anyway”.
Moscow’s concessions are a promise to stop fighting, “and they don’t take any more land”, he said.
“The deadline for me is when it’s over,” he added. “And I think everybody’s tired of fighting at this moment.”
Before boarding the plane, Mr Trump claimed only a few “points of disagreement” remain between the two sides.
Mr Trump’s negotiator Steve Witkoff will be meeting with Mr Putin in Moscow next week, the president said, while American army secretary Daniel Driscoll is due to travel to Kyiv for talks this week.
The chief of Ukraine’s presidential staff, Andriy Yermak, wrote: “Ukraine has never been and will never be an obstacle to peace. We are grateful to the US for all its support.
“The meeting between the presidents will be thoroughly and promptly prepared on our part.”
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3:29
‘Ukraine still needs defence support,’ says Zelenskyy
Zelenskyy warns against ‘behind our back’ deal
Yesterday, a virtual “coalition of the willing” meeting that featured Ukraine’s allies took place, which was attended by US secretary of state Marco Rubio.
In a speech, Mr Zelenskyy told attendees: “We firmly believe security decisions about Ukraine must include Ukraine, security decisions about Europe must include Europe.
“Because when something is decided behind the back of a country or its people, there is always a high risk it simply won’t work.”
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2:36
What is Russia saying about the latest peace talks?
A joint statement from coalition leaders Sir Keir Starmer, Emmanuel Macron, and Friedrich Merz said they had agreed with Mr Rubio “to accelerate joint work” with the US on the planning of security guarantees for Ukraine.
But a Ukrainian diplomat has warned major sticking points remain in the peace deal being thrashed out – primarily the prospect of territorial concessions.
A warning from the Kremlin
Meanwhile, Moscow has stressed that it will not allow any agreement to stray too far from its own objectives.
Russia’s foreign minister Sergei Lavrov warned any amended peace plan must reflect the understanding reached between Mr Trump and Mr Putin over the summer.
“If the spirit and letter of Anchorage is erased in terms of the key understandings we have established then, of course, it will be a fundamentally different situation,” he said, referring to the two leaders’ meeting in Alaska.
Seven people were killed with power and heating systems disrupted, as residents sheltered underground.
Meanwhile, three people died and homes were damaged after Ukraine launched an attack on southern Russia.
‘A critical juncture’
French President Emmanuel Macron has said peace efforts are gathering momentum, but “are clearly at a critical juncture”.
And during the annual White House turkey pardon ahead of Thanksgiving, Mr Trump told reporters: “I think we’re getting close to a deal. We’ll find out.
“I thought that would have been an easier one, but I think we’re making progress.”
In this story, there’s no substitute for hard news.
To learn of US envoy Steve Witkoff and his Russian interactions is to understand the handbrake turn towards Moscow.
If there was much surprise and confusion about the origins of a peace proposal that had Russian fingerprints all over it, there is less now.
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2:36
What is Russia saying about the latest peace talks?
A good impression of a useful idiot
Subsequently, Witkoff drafted the controversial peace proposal with his Russian counterparts, and the US pressured Ukraine to accept it.
The report paints an unflattering picture of Trump’s envoy doing a good impression of a useful idiot.
There must be serious questions surrounding his engagement with the Russians and serious concerns around consequences that are potentially catastrophic.
Moscow’s threat to Ukraine and to the security infrastructure of Western Europe is strengthened on his handshake.
Venezuelan President Nicolas Maduro has vowed to defy any US attempt to overthrow his government – telling crowds that “failure is not an option”.
The 63-year-old brandished a sword as he addressed supporters during a march in Caracas, against a backdrop of growing tensions with Donald Trump’s administration.
Dressed in camouflage fatigues, Mr Maduro said: “We must be ready to defend every inch of this blessed land from imperialist threat or aggression, no matter where it comes from.”
Image: Maduro was swamped by supporters. Pic: Reuters
Washington has claimed that several of these boats had departed from Venezuela, with Mr Maduro describing the deployment as an assault on the nation’s sovereignty.
‘Stop this madness’
Yesterday, Cuba also accused the US of seeking a violent overthrow of Mr Maduro’s government – and called its military presence in the region “exaggerated and aggressive”.
The country’s foreign minister, Bruno Rodriguez, said ousting Venezuela’s leader would be extremely dangerous and irresponsible, not to mention a violation of international law.
He added: “We appeal to the people of the United States to stop this madness. The US government could cause an incalculable number of deaths and create a scenario of violence and instability in the hemisphere that would be unimaginable.”
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Critics have questioned the legality of America’s campaign and argue it amounts to extrajudicial killings, with a recent poll suggesting just 29% of voters support this policy.
Officials within Maduro’s government have claimed that Washington’s actions are being driven by economic motives.
Venezuelan minister Delcy Rodriguez said: “They want Venezuela’s oil and gas reserves. For nothing, without paying. They want Venezuela’s gold.
Image: Venezuela’s president has remained defiant. Pic: AP
Donald Trump, like his predecessor Joe Biden, does not recognise Mr Maduro as the country’s leader.
He is currently on his third term after being declared the winner of last year’s presidential election, despite evidence that the opposition defeated him by a two-to-one margin.
Mr Maduro and senior officials have been repeatedly accused of human rights violations against real and perceived government opponents.
Earlier this week, the US designated Venezuela’s Cartel de los Soles – Cartel of the Suns in English – as a foreign terrorist organisation for importing illegal drugs to the States.
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1:01
Venezuelan president dances to speech remix
The Trump administration has claimed that Maduro is part of this group, but Venezuelan officials have described its mere existence as a “ridiculous fabrication”.
Speaking to reporters on Air Force One as he travelled to Florida for Thanksgiving, the president suggested he might be planning to talk to Mr Maduro.
“If we can save lives, if we can do things the easy way, that’s fine,” the US president said. “And if we have to do it the hard way, then that’s fine too.”
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0:59
US strikes alleged drug boat
Carlos Diaz Rosillo, a former US deputy assistant secretary of defence during the first Trump administration, does not believe America will go to war with Venezuela.
He told The World With Dominic Waghorn:“What I do see is a strategy of maximum pressure on the regime. I do think if there’s any change, that change has to come from within the military.”
Dr Rosillo said the official position of the US government is not regime change, but Mr Trump would like to see that happen in Venezuela.