DeepSeek Probed by US Over Possible Nvidia Chip Purchases

Good morning. DeepSeek gets probed by the FBI and White House. UK official statistics are being investigated for quality issues. And the days might be numbered for London’s oldest working lift. Listen to the day’s top stories.

US officials are investigating if DeepSeek bought advanced Nvidia chips through third parties in Singapore, avoiding export restrictions, people familiar said. Separately, Samsung is said to be supplying a less-advanced AI chip to Nvidia for the Chinese market. And Bloomberg’s MLIV survey says DeepSeek’s emergence will have little to no impact on US tech giants’ shares.