Howard Lutnick, the nominee for US Commerce Secretary, has accused DeepSeek, a newly launched artificial intelligence model from China, of stealing US technology and getting around US export controls to obtain Nvidia chips,

Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.

The Senate Commerce Committee on Wednesday advanced Howard Lutnick's nomination to be Commerce Department secretary. ]The big picture: Senators voted 16-12. Lutnick's nomination now goes to the full Senate for a vote.