Trump's Power Play Against China Is Making Investors Rich

China just cut off critical minerals, but Trump hit back with a $100T counterattack - unlocking U.S. land, declaring resources national security assets, and fast-tracking 10 projects. Four tiny stocks under $15 could soar as "Trump's Chosen Few."

Did DeepSeek copy ChatGPT? Trump adviser thinks so

MATT O'BRIEN and KELVIN CHAN
January 29, 2025

Did the upstart Chinese tech company DeepSeek copy ChatGPT to make the artificial intelligence technology that shook Wall Street this week?

That's what ChatGPT maker OpenAI is suggesting, along with U.S. President Donald Trump's top AI adviser. Neither has disclosed specific evidence of intellectual property theft, but the comments could fuel a reexamination of some of the assumptions that led to a panic in the U.S. over DeepSeek's advancements.

"There's substantial evidence that what DeepSeek did here is they distilled the knowledge out of OpenAI's models," David Sacks, Trump's AI adviser, told Fox News on Tuesday. "And I don't think OpenAI is very happy about this."

DeepSeek and the hedge fund it grew out of, High-Flyer, didn't immediately respond to emailed questions Wednesday, the start of China's extended Lunar New Year holiday.

OpenAI said in a statement that China-based companies "are constantly trying to distill the models of leading U.S. AI companies" but didn't publicly call out DeepSeek specifically.

OpenAI's official terms of use ban the technique known as distillation that enables a new AI model to learn by repeatedly querying a bigger one that's already been trained. The company has been working with its business partner Microsoft to identify accounts attempting to distill its models and then banning those accounts and revoking their access. Microsoft declined to comment.

OpenAI said it will also work "closely with the U.S. government to best protect the most capable models from efforts by adversaries and competitors to take U.S. technology."

The San Francisco company has itself been accused of copyright theft in lawsuits from media organizations, book authors and others in cases that are still working through courts in the U.S. and elsewhere.

Even before DeepSeek news rattled markets Monday, many who were trying out the company's AI model noticed a tendency for it to declare that it was ChatGPT or refer to OpenAI's terms and policies.

"If you ask it what model are you, it would say, 'I'm ChatGPT,' and the most likely reason for that is that the training data for DeepSeek was harvested from millions of chat interactions with ChatGPT that were just fed directly into DeepSeek's training data," said Gregory Allen, a former U.S. Defense Department official who now directs the Wadhwani AI Center at the Center for Strategic and International Studies.

Such declarations are not necessarily an indication of IP theft -- chatbots are prone to fabricating information. But DeepSeek, despite describing its technology as "open-source," doesn't disclose the data it used to train its model.

"I think that there's a pretty obvious reason for that choice, which is that they harvested ChatGPT for training data," Allen said.

Much about DeepSeek has perplexed analysts poring through the startup's public research papers about its new model, R1, and its precursors.

Among the details that startled Wall Street was DeepSeek's assertion that the cost to train the flagship v3 model behind its AI assistant was only $5.6 million, a stunningly low number compared to the multiple billions of dollars spent to build ChatGPT and other popular chatbots.

The $5.6 million number only included actually training the chatbot, not the costs of earlier-stage research and experiments, the paper said. But the number -- and DeepSeek's relatively cheap prices for developers -- called into question the huge amounts of money and electricity pouring into AI development in the U.S.

DeepSeek was also working under constraints: U.S. export controls on the most powerful AI chips. It said it relied on a relatively low-performing AI chip from California chipmaker Nvidia that the U.S. hasn't banned for sale in China. But in 2022, a social media post from High-Flyer said it had amassed a cluster of 10,000 more powerful Nvidia chips that are now banned in China.

_____

The Associated Press and OpenAI have a licensing and technology agreement that allows OpenAI access to part of AP's text archives.

Continue Reading...

Popular

FBI Director Kash Patel Bought 2 Stocks In 2025 — One's Already A Meme Favorite

FBI Director Kash Patel was asked about two stocks he bought earlier this year by a member of Congress on Wednesday and gave a surprising answer. The transactions come as members of Congress are working on legislation to ban lawmakers and cabinet members from buying and selling stocks.

Jim Cramer Expects Palantir To Reach New All-Time High

Market analysts and financial commentators provide crucial guidance in the volatile investment landscape. Cramer says no to VKTX, but expects PLTR to go up.

[Special Invitation] a "Must Have" for Your Trader Toolkit - Ad

Imagine predicting where a stock is headed-days before it happens. A new signal tech makes it possible, showing clear buy/sell setups with astounding accuracy. Join the free training and add this "must have" tool to your trading kit.

Powerball Jackpot Soars To $1.1 Billion After No Winning Tickets, 5th Largest In History

The Powerball jackpot has reached $1.1 billion after no winner in Saturday's drawing, with nine tickets earning $1 million.

US media quickly forced to revisit a thorny question: How should a president's health be covered?

Early in Donald Trump's Tuesday, Fox News' Peter Doocy asked a question that surely baffled people who avoided social media for Labor Day.

$100 Trillion in U.S. Minerals Is Finally Being Unleashed - and Four Tiny Stocks Could Explode First - Ad

For decades, U.S. mines faced a 29-year approval slog - letting China dominate. Now Trump's Executive Order slashes that to just 28 days. Four tiny U.S. stocks under $15 just cleared the red-tape blockade - and could rocket higher as "Trump's Chosen Few."

Koch family agrees to buy a 10% stake in the NFL's New York Giants, AP source says

The Koch family has agreed to purchase a 10% stake of the NFL's New York Giants, according to a person familiar with the deal.

Wizard Of Oz Fed And $100 Silver, 'Most Dangerous Time In 40 Years'

Veteran investor Peter Grandich is warning that the market is overlooking the biggest signals in decades, with precious metals and insider selling flashing red.

Discover 3 Stocks Projected to Dethrone Nvidia (NVDA) - Ad

Futurist and Stock Analyst, Eric Fry, published a brand-new research report naming three outsider stocks have the power to completely disrupt the "seemingly invincible" Mag 7. For the time being, this research report is available through this page - at no charge.

What happens to Trump’s tariffs now that a federal appeals court has knocked them down?

WASHINGTON (AP) — President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products.

This Gold Miner is a Strategic Asset in the Making - Ad

With central banks increasing gold reserves and geopolitical tensions rising, U.S.-based producers are back in focus. This Nevada operation is already producing, refining, and expanding-with infrastructure others would need years to build. It's early. It's active. And it may be more important than most realize.

Edmunds SUV comparison: New Honda Passport vs Toyota 4Runner

Toyota has released a redesigned 4Runner for 2025. This is a big deal for fans of this SUV, as the previous generation was on sale for a lengthy 14 years. The new has distinctive new styling, the latest technology features, and an available hybrid powertrain that promises increased performance without sacrificing mpg. And just like previous models, it has a rugged design that’s well suited for off-road adventures.

Trump's Buying Stocks - These 4 Could Be Next - Ad

Trump just sparked the most aggressive government stock-picking spree in U.S. history. After billion-dollar stakes sent Intel, MP Materials, and Perpetua surging, 4 tiny mining stocks under $15 are next in line - fast-tracked and primed for explosive gains.

OpenAI To Mass-Produce 1st Proprietary AI Chip With Broadcom, Secures $10 Billion Deal: Report

OpenAI is set to begin mass production of its first proprietary artificial intelligence chip next year through a partnership with Broadcom.

Trump's Tariffs, Wall Street's Fear Gauge And A Veteran Economist's Dire Warning: This Week In Economy

Markets kicked off September on shaky ground as tariffs, weak jobs data, and warnings of a global collapse rattled investor confidence and fueled volatility.

The Only Trading Indicator You'll Ever Need - Ad

Award-winning hedge fund manager Jeff Tompkins is unveiling a breakthrough signal tech that can forecast market trends up to 3 days ahead. Most indicators lag - his looks forward. Don't miss this free training + bonus guide.

Protesters in Nepal surround parliament and clash with police as government blocks social media

KATHMANDU, Nepal (AP) — Tens of thousands of protesters took to the streets of Nepal's capital Monday to vent their anger against a decision by authorities to block including Facebook, X and YouTube, saying that the companies had failed to register and submit to government oversight.

Agri-Science Giant Corteva Eyes Breakup To Shield Seed Unit From Future Risks: Report

Corteva is exploring a breakup that would separate its seed and pesticide businesses. The move could reshape agriculture amid falling crop prices and rising costs.

Ten Bucks, Five Minutes... Could Send You up to $8K Quarterly - Ad

Trump just exposed a secret payout stream once reserved for DC elites. Now billions are being redirected to taxpayers. With as little as $10 and five minutes, you could tap into payments as high as $8,276 every 3 months - if you act before the window closes.

Tesla Faces Class Action Over 'Wage Theft' Amid Preference For H-1B Workers Following Elon Musk's Push To Optimize Visa Practice

Tesla is facing a federal class action lawsuit accusing it of favoring H-1B visa holders over U.S. workers to cut labor costs, even as the company battles financial headwinds and regulatory scrutiny.

Elon Musk's SpaceX Acquires EchoStar Spectrum To Transform Global Satellite Connectivity

EchoStar is selling AWS-4 and H-block spectrum to SpaceX for $17 billion, funding debt payments and expanding 5G services with Starlink Direct to Cell.

Analysts Project This Stock Could Jump to $14 a Share. You Can Still Invest for $3.50. - Ad

The AI company making heart disease easier to detect is offering investors $3.50 investment units that include one convertible preferred share and one warrant, providing investors with access to 2 common shares. Based on analyst 1- year projections, that amounts to a near-term 500% return potential.

Why GameStop Shares Are Spiking After-Hours

GameStop Corp. (NYSE:GME) shares surged 5.72% during after-hours trading to $24.94 following strong second-quarter earnings and a special dividend announcemen

Trump Trying To 'Take Over The Fed,' Says Elizabeth Warren: Turkey, Argentina And Nixon-Era Serve As Cautionary Tales, Warns Senator

Sen. Elizabeth Warren (D-Mass.) accused President Donald Trump of attempting to undermine the independence of the Federal Reserve, warning that such a move could spark inflation, driving up costs substantially for American families.

How to Forecast Any Stock up to 3 Days in Advance - Ad

Award-winning hedge fund manager Jeff Tompkins has developed breakthrough signal tech that can forecast stock moves up to 3 days ahead with pinpoint accuracy. Most indicators lag. His looks forward.

Eightco, Nebius, Quantumscape, Planet Labs And Globalstar: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks closed higher on Monday, with the Dow Jones Industrial Average up 0.25% at 45,514.95, the S&P 500 advancing 0.2% to 6,495.15, and the Nasdaq climbing 0.45% to 21,798.69. These are the top stocks that gained the attention of retail traders and investors throughout the day.

South Korea president says Korean companies will hesitate to invest in US without better visa system

SEOUL, South Korea (AP) — South Korea’s president said Thursday that South Korean companies will likely hesitate to maintain or make direct investments in the United States if the U.S. fails to for Korean workers.

Trump's Power Play Against China Is Making Investors Rich - Ad

China just cut off critical minerals, but Trump hit back with a $100T counterattack - unlocking U.S. land, declaring resources national security assets, and fast-tracking 10 projects. Four tiny stocks under $15 could soar as "Trump's Chosen Few."

South Korean workers released after days of detention in Georgia return home

INCHEON, South Korea (AP) — A plane carrying more than 300 South Korean workers after days of detention in Georgia landed in South Korea on Friday.

[Special Invitation] a "Must Have" for Your Trader Toolkit - Ad

Imagine predicting where a stock is headed-days before it happens. A new signal tech makes it possible, showing clear buy/sell setups with astounding accuracy. Join the free training and add this "must have" tool to your trading kit.

Labor Dispute Eases As UAW, GE Aerospace Agree On Tentative Pact

UAW members at GE Aerospace plants in Ohio and Kentucky reached a tentative deal, with a ratification vote set for Sept. 19.

Bill Gates Backs Utah Geothermal Plant As Fervo Energy Targets 500 MW Capacity At Cape Station

Bill Gates and Breakthrough Energy support Fervo Energy's Cape Station project, aiming to generate 500 MW of geothermal power.

$100 Trillion in U.S. Minerals Is Finally Being Unleashed - and Four Tiny Stocks Could Explode First - Ad

For decades, U.S. mines faced a 29-year approval slog - letting China dominate. Now Trump's Executive Order slashes that to just 28 days. Four tiny U.S. stocks under $15 just cleared the red-tape blockade - and could rocket higher as "Trump's Chosen Few."

Trump Tariffs Face Legal Reckoning As Supreme Court Grants Expedited Hearing

The Supreme Court has agreed to weigh in on the legality of former President Donald Trump's use of emergency powers to impose tariffs on a broad range of imported goods from across several nations, setting the stage for a major ruling on Presidential powers.

Discover 3 Stocks Projected to Dethrone Nvidia (NVDA) - Ad

Futurist and Stock Analyst, Eric Fry, published a brand-new research report naming three outsider stocks have the power to completely disrupt the "seemingly invincible" Mag 7. For the time being, this research report is available through this page - at no charge.

Qualcomm And Valeo Broaden Collaboration To Speed Hands Off Driving Features

Qualcomm and Valeo partner to launch ADAS and AD solutions, integrating Snapdragon Ride SoC and software stack with Valeo's sensors and systems.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service