Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Foreign media: Trump said the rise of DeepSeek should sound a "wake-up call" for US companies

Foreign media: Trump said the rise of DeepSeek should sound a "wake-up call" for US companies

CointimeCointime2025/01/28 03:44
By:Cointime

According to reports from the American newspaper "The Hill" and the British newspaper "The Guardian", US President Trump said at a Republican conference held in Miami, Florida on the 27th that the rise of Chinese AI startup DeepSeek should sound the alarm for American companies, and that they "need to focus on competition to win." "The Hill" reported that the rise of DeepSeek caused a drop in the stock prices of some US technology companies on Monday (27th), but Trump believes that this emerging company may also convey a positive signal. "When you hear that someone has come up with something new, we always have ideas," Trump said, "So I think this is positive. This may be a very positive development. Therefore, instead of investing billions of dollars, it is better to spend less resources and hopefully come up with the same solution." 

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Samsung challenges $520M India tax demand, joins Volkswagen in rejecting penalties

Share link:In this post: Samsung is contesting a $520 million tax demand from Indian authorities for allegedly misclassifying imports of networking equipment. The company has filed a 281-page challenge at the Customs Excise and Service Tax Appellate Tribunal in Mumbai, claiming that similar practices by Reliance Jio went unchallenged. The case follows a similar dispute involving Volkswagen, which is also contesting a $1.4 billion tax demand for misclassified imports.

Cryptopolitan2025/05/04 23:00
Samsung challenges $520M India tax demand, joins Volkswagen in rejecting penalties