US House Select Committee report accuses DeepSeek of spying and circumventing export controls on chips

The US House Select Committee on the Chinese Communist Party is investigating Nvidia's chip sales in Asia, alleging Chinese AI firm DeepSeek violated export controls with Nvidia chips. The Trump administration now requires licenses for Nvidia's H20 chip sales to China, potentially costing Nvidia $5.5 billion. This competitive AI race may come at the expense of ethical development. "I don't think it's to anybody's benefit to be engaging in the Cold War on this because people figure out a way to do things differently, cheaper, and better," said Institute Associate Professor Julia Stoyanovich, director of the NYU Center for Responsible AI,  to the House Committee on Space and Technology subcommittee hearing on April 8.