New Delhi, Feb. 3 -- Last month, US President Donald Trump announced the Stargate Project-a venture between OpenAI, SoftBank, Oracle and MGX that plans to invest up to $500 billion over four years to build new artificial intelligence (AI) infrastructure in the US. The project, which includes setting up several data centres, key to AI, aims to create jobs, boost the economy and secure American leadership in AI amid an ongoing race with China. Stargate is now caught in the crosshairs of a Chinese move.

The launch of an AI app by DeepSeek, a Chinese AI company matches the performance of its rivals from OpenAI and Anthropic, at a fraction of the cost. These companies have received financial support from tech majors, sitting on ample cash. De...