This past week began with a tech selloff as Chinese AI startup DeepSeek spooked investors worldwide. Chipmakers Nvidia and Broadcom were the stocks most impacted, as DeepSeek's AI virtual assistant "R1" was reportedly made much cheaper and faster than its American competitors.

Entrepreneurs and policymakers worry DeepSeek could be a modern-day “Sputnik moment” and a sign that America is falling behind in the AI race. Adam Thierer, a senior fellow for the Technology & Innovation team at the R Street Institute, joined host Jessica Rosenthal to discuss the importance of America remaining a global leader in artificial intelligence.

On the FOX News Rundown Extra, hear their full discussion about why the emergence of DeepSeek should serve as a wake-up call for our country.

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