David Sacks 'warns' US, says DeepSeek 'proof' China can advance AI chips despite restrictions

White House AI and crypto czar David Sacks warns that strict US chip export rules risk weakening America's tech dominance and boosting Chinese rivals. He highlights the rapid progress of Chinese AI, evidenced by the "DeepSeek moment," suggesting China is closing the gap faster than anticipated. Sacks cautions that over-restrictive sales could lead to Huawei's global dominance in chip technology.

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