The AI chatbot from DeepSeek, a Chinese company, rocketed to the top of US app stores over the weekend — and sent US tech shares plummeting Monday morning. The US has been trying to choke off China’s access to cutting-edge AI chips, but DeepSeek claims it’s still managed to develop tech that rivals ChatGPT and its competitors at a fraction of the cost.

Today on the show, Bloomberg’s Jackie Davalos on what DeepSeek’s models can do, why they’ve sent tech stocks tumbling — and what kind of pressure they could put on the US AI industry.

The AI chatbot from DeepSeek, a Chinese company, rocketed to the top of US app stores over the weekend &mdash; and sent US tech shares plummeting Monday morning. The US has been trying to choke off China&rsquo;s access to cutting-edge AI chips, but DeepSeek claims it&rsquo;s still managed to develop tech that rivals ChatGPT and its competitors at a fraction of the cost.
Today on the show, Bloomberg&rsquo;s Jackie Davalos on what DeepSeek&rsquo;s models can do, why they&rsquo;ve sent tech stocks tumbling &mdash;&nbsp;and what kind of pressure they could put on the US AI industry.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

The DeepSeek Freak Out

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b16c8864-dbf6-4f5f-a595-b272017f2ca5/transcript

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