U.S. spares DeepSeek from Commerce Department blacklist
The U.S. will hold off from adding large language model AI company DeepSeek to a trade blacklist, as Donald Trump seeks to avoid escalating tensions with China, Reuters reported.
Alongside DeepSeek, memory chip maker ChangXin Memory Technologies and more than 100 other Chinese firms flagged as potential national security risks have also been temporarily spared from being added to the list, according to the report.
The U.S. Commerce Department’s Bureau of Industry and Security (BIS) did not respond directly to Reuters request for comment, stating only that it continuously employs policy and enforcement tools — including its blacklist, formally known as the Entity List — to target bad actors.
DeepSeek only recently closed its first financing round. In addition to participation by founder Liang Wenfeng, Tencent and battery giant CATL invested 10 billion yuan ($1.48 billion) and 5 billion yuan in the round, respectively. JD.com, NetEase and IDG also invested 3 billion yuan apiece. DeepSeek’s current valuation has now surpassed $50 billion.
By Lau Chi Hang
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