Bloomberg Surveillance DeepSeek, China AI Startup, Panics Markets
Jan 27, 2025
Anurag Rana, a Bloomberg Intelligence analyst specializing in technology, teams up with Stacy Rasgon, a Bernstein analyst focused on US semiconductors, to unpack the market frenzy around the AI startup DeepSeek. They discuss how DeepSeek’s emergence is stirring panic among investors and sparking skepticism about its technology claims. The duo explores the evolving landscape of AI, its implications for traditional tech giants, and the semiconductor industry's reaction. Their insightful and humorous exchange blends tech talk with anecdotes, making for a lively dialogue.
AI Snips
Chapters
Transcript
Episode notes
Lower Costs Benefit Microsoft
- Microsoft CEO sees lower AI costs as beneficial.
- Lower costs could increase adoption and decrease capital expenditures.
CapEx Increase Despite DeepSeek
- Meta and Microsoft knew about DeepSeek's advancements before increasing CapEx.
- Their CapEx increases suggest a genuine need for AI investment despite DeepSeek.
Apple's AI Strategy
- Apple is not currently focused on large language model development.
- They will likely integrate existing models into their products without significant CapEx.