Beijing says DeepSeek isn’t meant to compete against US AI giants like OpenAI and Google

• China has officially praised its rising star, DeepSeek, as a success.
• But instead of framing DeepSeek as a challenger, Beijing said it would “complement” American firms.
• While DeepSeek upended beliefs about AI costs, US firms are focused instead on a race to reach AGI.

China on Monday lauded DeepSeek’s much-hyped AI model, but said the Hangzhou-based company isn’t competing with America’s leading AI firms.

“As AI continues to reshape industries and everyday…