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OpenAI calls DeepSeek “state-controlled,” urges banning “PRC-produced” AI models

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Top stories today:

  1. OpenAI calls DeepSeek “state-controlled”
  2. Oracle said to be lead contender to help run TikTok in U.S.
  3. CZ denies talking to Trump family about deal, pardon
  4. S&P 500 -10% from its peak in Feb. as investors react to Trump tariffs
  5. Apple’s AirPods said to receive live translation via iOS 19

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. OpenAI calls DeepSeek “state-controlled,” urges banning “PRC-produced” AI models

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3. Oracle said to be lead contender to help run TikTok in U.S.

  • ByteDance is reportedly preferring Oracle for the deal.

  • Trump also indicated his support for Oracle.

  • ByteDance’s leaders, though, want to keep a hands-on role with TikTok in any deal.

  • Project Texas-modeled deal in sight for ByteDance, with TikTok’s data being on Oracle servers along with algorithm oversight.

  • 2023: TikTok and Oracle set up the project over security concerns in the U.S.

4. CZ denies talking to Trump family about deal, pardon

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