AXIOS January 27, 2025
House Speaker Mike Johnson (R-La.) and President Trump appeared to take different stances Monday on China’s artificial intelligence developments.
Why it matters: Interest in Chinese company DeepSeek’s rapid advancements in AI sent U.S. tech stocks tumbling on Monday, as the mobile app climbed to no.1 on Apple’s rankings of free iPhone apps.
Context: DeepSeek’s latest models of showed capabilities rivaling those of U.S. competitors, all while being built at a fraction of the cost.
What they’re saying: Johnson during a press briefing Monday called China’s government “a terrible trading partner, saying: “They abuse the system, they steal our intellectual property.”
- Apparently alluding to DeepSeek, he said: “They’re now trying to get a leg up on us in AI as...