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Bloomberg Technology

DeepSeek's AI Brings Tech Rout

Bloomberg Technology

Bloomberg

Tech News, Business, News

4.549 Ratings

🗓️ 27 January 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Mike Shepard discuss the deep market rout as China's AI startup DeepSeek roils the global tech sector, causing a more than half a trillion dollar plunge for Nvidia. And, a conversation with SoFi CEO Anthony Noto as shares of the company slide after posting an earnings miss.

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Transcript

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0:00.0

89% of business leaders say AI is a top priority, according to research by Boston Consulting Group.

0:06.6

The right choice is crucial, which is why teams at Fortune 500 companies use Grammally.

0:12.3

With top-tier security credentials and 15 years of experience in responsible AI,

0:17.6

Grammally is how companies like yours increase productivity while keeping data protected and private.

0:24.3

See why 70,000 teams trust Grammally at grammy.com slash enterprise. Donald Trump has already changed the way

0:31.5

we think about the U.S. economy. Now he's back in the White House and Bloomberg's Trumponomics

0:37.0

podcast is here to help.

0:39.3

I'm Stephanie Flanders, head of government and economics at Bloomberg.

0:42.9

Whatever the big question of the week is,

0:45.0

we'll have something interesting to tell you about it in a lively conversation

0:48.4

with the reporters and analysts closest to the action.

0:51.7

Listen to new episodes every Wednesday and follow Trumponomics

0:54.7

on Apple Podcasts, Spotify, or wherever you listen.

1:01.7

Bloomberg Audio Studios,

1:04.1

podcasts, radio, news.

1:07.5

From the heart of where innovation, money, and power collide.

1:12.6

In Silicon Valley and beyond, this is Bloomberg Technology with Caroline Hyde and Ed Ludlow.

1:20.0

Hello. Live from New York, I'm Caroline Hyde.

1:36.4

And I'm Mike Shepard in San Francisco.

1:38.5

This is Bloomberg Technology.

1:40.2

And we have special coverage of the Chinese AI competitor DeepSeek

1:44.0

and its impact on tech names,

...

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