4.5 • 49 Ratings
🗓️ 27 January 2025
⏱️ 11 minutes
🧾️ Download transcript
In this bonus episode from Bloomberg Daybreak, hosts Nathan Hager and Karen Moskow examine the emergence of DeepSeek. The Chinese artificial intelligence startup is rocking global technology stocks, raising questions over America’s technological dominance.
Buzz grew over the weekend about DeepSeek’s latest AI model being cost-effective while running on less-advanced chips, casting doubt on the validity of the rich valuations for companies like Nvidia.
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0:00.0 | 89% of business leaders say AI is a top priority, according to research by Boston Consulting Group. |
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1:09.0 | Good morning. I'm Nathan Hager. And I'm Karen Moscow. Here are the stories we're following today. |
1:14.8 | And Karen, we begin with concerns over the impact that a Chinese artificial intelligence startup could have on big U.S. tech stocks. |
1:22.0 | It is called DeepSeek. Buzz grew over the weekend about Deepseek's latest AI model being cost effective while |
1:29.4 | running on less advanced chips. That's casting doubt on the validity of the sky high valuations for |
1:35.0 | companies like Nvidia. We get more from Bloomberg Marks reporter Mark Cudmore. |
1:40.0 | I think this is probably a game-changing moment because I think suddenly the whole US stock's. stock's exceptionalism of the last 14-15 years is probably undermined by this because |
1:47.5 | it simultaneously is good for productivity and growth from the rest of the world, good for companies |
1:51.3 | all over the rest of the world, and undermines the whole U.S. tech phenomenon. |
1:55.0 | So I think it hits from both sides. |
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