“This is money that would otherwise go to China,” Trump said Tuesday as he unveiled Stargate, an artificial intelligence project that will cost $500 billion, according to its partners OpenAI, Softbank, Oracle and MGX. It was another indication that staying ahead of Beijing on artificial intelligence is a priority for the Trump administration. But in his bid to save TikTok, a video app that was briefly banned in the US under a law that took effect the day before Trump took office, the president appears much more relaxed about China.
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Japanese chip stocks declined, and DeepSeek’s challenge to our AI dominant position aroused concerns about Asian technology companies
Employees on August 10, 2012 at the Advantest Plant in Japan’s Advantest Plant. tomohiro ohsumi | Bloomberg | Getty image Japan -related stocks related to chips fell on Monday Chinese…