The United States could face "massive capital destruction" from its artificial intelligence (AI) investment boom as Chinese open-source AI models increasingly challenge the dominance and profitability of US hyperscalers, according to a report by Jefferies.

Anthropic and OpenAI executives warn of security risks from Chinese AI models as DeepSeek shows 94% jailbreak rate and US weighs sanctions.

The United States could face "massive capital destruction" from its artificial intelligence (AI) investment boom as Chinese open-source AI models increasingly challenge the…