Nvidia said in a statement it is "ready to work with the administration as it pursues its own approach to AI."

The Trump Administration is considering further restrictions on Nvidia (NVDA) exports to China, according to a report by Bloomberg on Wednesday. Read more here.

Deepseek collects similar data to American-based AI models, but Chinese laws could make that data more accessible to the government.

Top White House advisers this week expressed alarm that China's DeepSeek may have benefited from a method that allegedly piggybacks off the advances of U.S. rivals called "distillation." The technique,

The sudden rise of Chinese AI app DeepSeek has leaders in Washington and Silicon Valley grappling with how to keep the U.S. ahead in the crucial technology.