Trump calls Chinese startup DeepSeek's cheaper AI methods "a positive," as U.S. tech stocks plunge amid market sell-off.

MIAMI: US President Donald Trump said on Monday (Jan 27) the low-cost Chinese AI model DeepSeek was a "wake up call" for US firms, after its emergence caused a rout in tech shares.

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Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.