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Any minute, President Trump is going to be meeting with congressional Republicans down in Florida at his Doral Resort.

The lead starts right now.

The Trump administration kicking off week number two with two major overhauls.

One, cracking down on who gets to serve in the U.S. military, and two, who is in the United States illegally, the new rules and new raids happening

nationwide. Plus, thousands, tens of thousands of Palestinians in Gaza returning to their

homes, as the ceasefire appears to hold what they are coming home to as world leaders debate

what could happen to them and their land. But first, the Chinese AI startup called DeepSeek,

taking the world by storm, operating like other AI companies,

but at a fraction of the cost,

its crazy price tag and censorship comes along with it.

Welcome to the lead, I'm Jake Tapper, and we're going to start with breaking news on our money lead.

And Deep Seek, a relatively new Chinese AI company, rattling U.S. stock markets today.

The tech-heavy NASDAQ closing down more than 3%. Deep Seek's only one year old, but already claims it can keep up with other AI platforms such as

Chad GPT and at a fraction of the cost.

Let's get right to CNN's Matt Egan in New York.

Matt, why the panic by investors and why today?

Well, Jake, Wall Street got rocked today by major developments on the AI front.

...