Howard Lutnick recently expressed concerns about intellectual theft by China, particularly in relation to the development of the artificial intelligence model DeepSeek. Lutnick highlighted the Chinese Communist Party's alleged theft of intellectual property to advance technologies like DeepSeek, emphasizing the need for vigilance against such practices.
DeepSeek, a Chinese AI, made headlines by claiming to have created cost-effective innovations, prompting scrutiny over the source of its advancements. Lutnick pointed out that this success may be attributed to leveraging stolen intellectual property from other entities.
The impact of DeepSeek's advancements was felt in U.S. markets, with chipmaker Nvidia experiencing a dip in stock value following the news. However, the market began to stabilize as investors assessed the situation.
Concerns have been raised regarding the possibility of DeepSeek accessing and utilizing data from companies like Microsoft and OpenAI to enhance its AI capabilities. Reports suggest that investigations are underway to determine the extent of data usage by DeepSeek in developing its AI model.