DeepSeek’s R1 model has sent a shockwave through the tech industry, with U.S. tech giants losing trillions of dollars in market value, as if overnight they were back to square one. Silicon Valley investors herald it as the most astonishing and impressive breakthrough they have ever seen, and for open source, it’s a gift to the world. However, this shift has also sparked concerns among U.S. legislators, calling for stricter export controls on AI chip technology. Perhaps, this is not just a technological competition, but also the beginning of a global political game.
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