Chinese AI lab DeepSeek provoked the first Silicon Valley freak-out of 2025. Here's what it could mean for American AI policy.

A small lab in China has shaken Silicon Valley. The sudden appearance of an advanced AI assistant from DeepSeek, a previously little-known company in the Chinese city of Hangzhou, has sparked discussion and debate within the U.

Liang Wenfeng, the 40-year-old founder of DeepSeek, trained as an engineer and then launched a hedge fund. Now he’s enjoying sudden success with his AI chatbot.