MIAMI, Jan 27 (Reuters) - U.S. President Donald Trump stated on Monday that the technology developed by the Chinese startup DeepSeek should serve as a catalyst for American companies. He acknowledged the beneficial impact of Chinese companies creating a more cost-effective and rapid artificial intelligence method.
The emergence of DeepSeek's AI technology from a Chinese company should serve as a wake-up call for our industries, urging them to focus sharply on competitive success, Trump remarked in Florida.
Global investors expressed apprehension on Monday due to concerns that the advent of an affordable Chinese artificial intelligence model could challenge the prevailing dominance of U.S.-based AI frontrunners.
I have been following developments in China and the emergence of a more rapid and cost-effective AI method, which is positive as it reduces expenditure. I consider this a favorable development, Trump expressed.
This situation is beneficial because it will lead to cost reductions for all, ensuring similar outcomes with less expenditure. It's a positive step, he added.
Trump mentioned that Chinese leaders have acknowledged that the United States possesses the most brilliant scientists globally, hinting that if Chinese industry can innovate cheaper AI technology, American companies would trailblaze as well.
We always have innovative ideas and are pioneers. Therefore, I see this as a positive step that could result in significant developments. Rather than spending exorbitant amounts, a more cost-effective solution could achieve the same outcome, Trump concluded.