DeepSeek, a Chinese AI lab, has gained mainstream attention after its chatbot app topped the Apple App Store charts and Google Play. The US tech industry is taking notice, with Wall Street analysts and technologists questioning whether the country can maintain its edge in AI development.Experts are weighing the risks and benefits of collaborating with or competing against Chinese AI labs. On one hand, these labs have made significant breakthroughs in compute-efficient techniques, potentially leading to innovative solutions. On the other hand, concerns over data security and potential breaches cannot be ignored.As the global tech landscape continues to evolve, it's essential to address the regulatory challenges that arise from this new reality. This includes finding a balance between fostering innovation and protecting national security interests.