DeepSeek’s logo is a plump, bright blue whale that almost appears to be jumping across the screen. It’s accompanied by the brand’s wordmark in a rounded, fractured sans-serif font.

DeepSeek’s progress on AI without the same amount of spending could possibly undermine the potentially $500 billion AI investment by OpenAI, Oracle and SoftBank that Trump touted at the White House.

DeepSeek, until recently a little-known Chinese artificial intelligence company, has made itself the talk of the tech industry after it rolled out a series of large language models that outshone ...