Bloomberg Businessweek Bonus Episode: What Is DeepSeek and Why Is It Sinking Stocks?
Jan 27, 2025
Kriti Gupta, a prominent Bloomberg Radio and Television News anchor, sheds light on the disruptive rise of the Chinese AI startup DeepSeek. This episode explores how DeepSeek's innovative yet cost-effective AI model threatens industry leaders like Nvidia, raising questions about the future of tech valuations. Gupta discusses the resulting market turmoil and potential shifts in investment dynamics for U.S.-based tech firms amidst increasing competition from abroad. Tune in for an insightful look at the changing landscape of AI technology.
AI Snips
Chapters
Transcript
Episode notes
DeepSeek's Impact
- DeepSeek, a Chinese AI startup, is impacting U.S. tech stocks.
- Its cost-effective AI model runs on less-advanced chips, challenging NVIDIA's valuations.
Narrative Shift
- DeepSeek's low-cost AI model runs on less advanced chips.
- This challenges the narrative of U.S. dominance in the AI boom.
Overinvestment Concerns
- DeepSeek's cheaper AI model raises concerns about U.S. tech overinvestment.
- It questions the need for expensive chips and massive spending by companies like NVIDIA.