

The race for global AI supremacy is accelerating—and getting messier. Alice Han and James Kynge break down the escalating tensions between the U.S. and China as accusations of AI model “distillation” and intellectual theft collide with China’s own rapid breakthroughs, including DeepSeek’s latest powerful new model. But the competition isn’t just happening in code. While Washington warns of industrial-scale AI copying, Wall Street is quietly increasing exposure to China through record renminbi bo
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