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White House Blames DeepSeek for Export Breach, China AI Launch

4/24/2026

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Story summary
  • The White House accused DeepSeek of breaching U.S. export controls with Nvidia chips.
  • DeepSeek previewed its V4 AI model in China, built for Huawei Ascend chips.
  • The V4 pro outperformed all open-source rivals and ranked behind Google Gemini-Pro-3.1 in world-knowledge benchmarks.
  • Huawei said its entire Ascend supernode line now supports the DeepSeek V4 series.
  • Rival Chinese AI stocks fell, with Zhipu AI down 9% and MiniMax down 7%.