PANews reported on January 29 that according to Bloomberg, Cathie Wood, founder and CEO of Ark Investment Management, said: "DeepSeek has brought a shock to the US technology industry, but competition is a good thing. I think competition is good for the United States, and reducing costs is good for the world. The reduction in innovation costs should help all regions of the world. A tug-of-war is taking shape in this field. Artificial intelligence in the United States is like the Internet in the early 1990s. We didn't even know what we had. Although we were excited at the time, it is not the time to strictly regulate it. Trump may like competition in the technology industry. For Bitcoin, the United States will gain significant clarity in regulation and will also obtain legislation. And the executive branch also supports the encryption industry. Very supportive, Bitcoin's inclusion in the treasury reserves will be supported by US government departments, which is a huge change."
Cathie Wood: Trump may like DeepSeek to bring competition to the US technology industry, and future encryption regulation will be clearer
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