On January 10, 2025, DeepSeek, a Hangzhou-based artificial intelligence (AI) platform founded in 2023, released its first free chatbot app, which is said to match the capabilities of models from its U.S. counterparts, including OpenAI and Google, while using a fraction of their computing power. This milestone underscores China’s rapid AI progress despite U.S. restrictions on advanced semiconductors, potentially narrowing the technological gap between the two countries and challenging U.S. dominance in the field.
With AI being a key area in technological development and trade, understanding the dynamics of this race is more urgent than ever. On February 4, 2025, Kevin Xu and Jimmy Goodrich join Lizzi Lee to discuss the implications of China’s AI advances and the future of U.S.-China AI competition.
