Chinese AI is a risk for Europe. So is shunning it
ON JANUARY 20TH 2025 DeepSeek was an obscure hedge-fund-turned-tech-startup from Hangzhou. Within a week it had become the byword for a new wave of Chinese innovation, after launching an artificial-intelligence model as capable as Silicon Valley’s bleeding edge but much cheaper to build and run. Having slugged it out in China’s cut-throat domestic market over…

