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Europe’s Banks, Unlike U.S. Rivals, Play With DeepSeek

The Information · Michael Roddan · last updated

The sudden rise of DeepSeek represents an opportunity for banks and financial firms to access a low-cost but still sophisticated artificial intelligence model—if only it wasn’t from China.

Geopolitical tensions between Washington and Beijing, along with perceived security risks posed by the Chinese-made AI tool, have kept U.S. banks from even experimenting with DeepSeek.

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