Floor signage for the offices of DeepSeek (C) is seen in Beijing on January 28, 2025. Fears of upheaval in the AI gold rush rocked Wall Street, following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a “wake-up call” for Silicon Valley. (Photo by PETER CATTERALL / AFP)

U.S. President-elect Donald Trump has told advisers he wants to travel to China after he takes office, the Wall Street Journal reported on Saturday ... Vice President Han Zheng will attend as Beijing stands ready to strengthen cooperation.

The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish.

Did the upstart Chinese tech company DeepSeek copy ChatGPT to make the artificial intelligence technology that shook Wall Street this week?

President-elect Trump is interested in heading back to China after he takes office again amid tensions with Beijing, according to a report.

Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives.

DeepSeek is a new artificial intelligence chatbot that’s sending shock waves through Wall Street, Silicon Valley and Washington. The app, named after the Chinese start-up that built it, rocketed to the top of Apple’s App Store in the United States over the weekend.

A Chinese company’s claim of a $5.6 million artificial intelligence breakthrough wiped almost $600 billion from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech companies’ AI spending spree will continue and dealing an apparent blow to US tech leadership.

The US President has previously called for tariffs as high as 60% on China, and analysts have expressed mixed feelings about the news.

Although Qantas pulled its only direct flight to China between Sydney and Shanghai in mid-2024, last year saw a return to pre-pandemic flight frequencies. Consequently, the cost of flights has dropped 30 per cent compared to 2023, according to Trip.com You can now bag off-season return flights for as little as $500.

Trump calls tariffs America's "big power over China," but analysts say Beijing may be better prepared than ever to engage in a trade war with the U.S.

Chatbot vanishes in Italy amid claims OpenAI's model was used to train Chinese AI - DeepSeek says its AI model is similar to US giants like OpenAI, despite fears of censorship around issues sensitive