Venture Capitalist Wolfe Calls for More Investment to Combat DeepSeek ‘Threat’

Calling Chinese artificial intelligence startup DeepSeek a “grave national security threat,” Lux Capital co-founder Josh Wolfe described the company’s development of an AI model at a fraction of the cost of US rivals as a major “wake up call” for America.

“We need to do something,” Wolfe said Friday during an interview with Bloomberg Television. Lux Capital is an investor in weapons maker Anduril Industries Inc. and AI companies including Hugging Face Inc. Wolfe and other Silicon Valley investors are reeling from the implications that DeepSeek’s open-source AI model from China could have on American defense and other industries.