DeepSeek AI model release prompts financial bloodbath, as billions wiped from Nvidia valuation

China’s DeepSeek AI model sent shockwaves through the tech industry and financial markets this week. So, what is it?

China’sDeepSeek AI model sent shockwaves through the tech industry and financial markets this week. So, what is it?

Find out more about The Front podcast here. You can read about this story and more on The Australian's website or on The Australian’s app.

This episode of The Front is presented and produced by Kristen Amiet, and edited by Jasper Leak. Our regular host is Claire Harvey and original music is composed by Jasper Leak.

China&rsquo;s DeepSeek AI model sent shockwaves through the tech industry and financial markets this week. So, what is it?
Find out more about The Front podcast&nbsp;<a href="https://www.theaustralian.com.au/nation/the-front/podcast/7e7d42e8c77b597cf8532d2e0c847e10">here</a>. You can read about this story and more on The Australian's <a href="https://www.theaustralian.com.au/">website</a> or on The Australian&rsquo;s app.
This episode of The Front is presented and produced by Kristen Amiet, and edited by Jasper Leak. Our regular host is Claire Harvey and original music is composed by Jasper Leak.

The Front brings the unrivalled journalism of Australia’s national broadsheet to audio, featuring each day’s essential page one stories, journalists’ candid take on the issues that matter and behind-the-scenes insight from our newsrooms. 

To find out more about The Front you can link here and for more from the newsroom at The Australian link here or search for The Australian in your app store.

The Front brings the unrivalled journalism of Australia&rsquo;s national broadsheet to audio, featuring each day&rsquo;s essential page one stories, journalists&rsquo; candid take on the issues that matter and behind-the-scenes insight from our newsrooms.&nbsp;
To find out more about The Front you can link <a href="https://www.theaustralian.com.au/nation/the-front/podcast/7e7d42e8c77b597cf8532d2e0c847e10">here</a> and for more from the newsroom at The Australian link <a href="https://www.theaustralian.com.au/">here</a> or search for The Australian in your app store.

The Front brings the unrivalled journalism of Australia’s national broadsheet to audio, featuring each day’s essential page one stories.

The Front

The Front brings the unrivalled journalism of Australia’s national broadsheet to audio, featuring each day’s essential page one stories, journalists’ candid take on the issues that matter and behind-the-scenes insight from our newsrooms. 
To find out more about The Front you can link <a href="https://www.theaustralian.com.au/nation/the-front/podcast/7e7d42e8c77b597cf8532d2e0c847e10">here</a> and for more from the newsroom at The Australian link <a href="https://www.theaustralian.com.au/">here</a> or search for The Australian in your app store.

The Front brings the unrivalled journalism of Australia’s national broadsheet to audio, featuring each day’s essential page one stories, journalists’ candid take on the issues that matter and behind-the-scenes insight from our newsrooms.

The Front brings the unrivalled journalism of Australia's national broadsheet to audio, featuring behind-the-scenes insight from our newsrooms.

The Front brings the unrivalled journalism of Australia’s national broadsheet to audio, featuring each day’s essential page one stories, journalists’ candid take on the issues that matter and behind-the-scenes insight from our newsrooms.

To find out more about The Front you can link here and for more from the newsroom at The Australian link here or search for The Australian in your app store.

The Front brings the unrivalled journalism of Australia&rsquo;s national broadsheet to audio, featuring each day&rsquo;s essential page one stories, journalists&rsquo; candid take on the issues that matter and behind-the-scenes insight from our newsrooms.
To find out more about The Front you can link <a href="https://www.theaustralian.com.au/nation/the-front/podcast/7e7d42e8c77b597cf8532d2e0c847e10">here</a> and for more from the newsroom at The Australian link <a href="https://www.theaustralian.com.au/">here</a> or search for The Australian in your app store.

How DeepSeek is shaking up AI

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/3e3906d1-5cc8-44fa-ac40-b2730075b8d5/transcript

The Front podcast afternoon headlines: Albanese, Burke heckled by Stand4Palestine members at Lakemba Mosque

Prime Minister Anthony Albanese and Home Affairs Minister Tony Burke were called “genocide supporters” by members of the Stand4Palestine group as they attended a prayer service at Lakemba mosque on Friday. Plus, Ampol puts maintenance plans on hold and Peaky Blinders comes to an end.

Prime Minister Anthony Albanese and Home Affairs Minister Tony Burke were called “genocide supporters” by members of the Stand4Palestine group as they attended a prayer service at Lakemba mosque on Friday. Plus, Ampol puts maintenance plans on hold and Peaky Blinders comes to an end.

Read more:

PM says reception at Sydney mosque 'incredibly positive'

Randa Abdel-Fattah slams Muslim event organisers for inviting PM, Bourke to Lakemba mosque

Ampol delays Brisbane refinery shutdown to boost fuel supplies amid Iran war

Tommy Shelby returns in a finale so good it should be a crime

Prime Minister Anthony Albanese and Home Affairs Minister Tony Burke were called &ldquo;genocide supporters&rdquo; by members of the Stand4Palestine group as they attended a prayer service at Lakemba mosque on Friday. Plus, Ampol puts maintenance plans on hold and Peaky Blinders comes to an end.
Read more:
<a href="https://www.theaustralian.com.au/world/ungrateful-allies-should-thank-trump-hegseth-says-as-he-vows-to-finish-war/live-coverage/2ec93a57072475cbc8cd925e55d8db80">PM says reception at Sydney mosque 'incredibly positive'</a>
<a href="https://www.theaustralian.com.au/nation/anthony-albanese-tony-burke-heckled-at-eid-event-in-lakemba-mosque/news-story/93d4b30afe4dc3bf3da161fd9d73cc4c">Randa Abdel-Fattah slams Muslim event organisers for inviting PM, Bourke to Lakemba mosque</a>
<a href="https://www.theaustralian.com.au/business/mining-energy/ampol-delays-brisbane-refinery-shutdown-to-boost-fuel-supplies-amid-iran-war/news-story/0a2e3e9363ee458e249ebf21543f6b0e">Ampol delays Brisbane refinery shutdown to boost fuel supplies amid Iran war</a>
<a href="https://www.theaustralian.com.au/culture/tommy-shelby-returns-in-a-finale-so-good-it-should-be-a-crime/news-story/308822ccdba7f1285f794b7ea11f8abf">Tommy Shelby returns in a finale so good it should be a crime</a>

Albanese’s mosque visit ‘incredibly positive’, despite hecklers

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/f3652a6a-3670-41d5-9dd1-b413003ee265/transcript

The List: Australia’s Richest 250 sees Atlassian billionaires Mike Cannon-Brookes and Scott Farquhar drop out of the top 10

The List: Australia’s Richest 250 has landed for another year – and some of Australia’s tech titans have taken a tumble worth billions. 

The List: Australia’s Richest 250 has landed for another year – and some of Australia’s tech titans have taken a tumble worth billions. 

Read more about this story at theaustralian.com.au and see the video by subscribing to our YouTube channel. 

See The List: Australia’s Richest 250

Tech billionaires lose $35bn as AI threat shakes up Australia’s Richest 250 list

Meet the 29 new names joining Australia’s most exclusive billionaires club

Richest 250 are building empires in silence as they shun ASX for private wealth

Jim Chalmers delivers pre-budget reckoning on the nation’s productivity and migration goals

This episode of The Front is presented by Claire Harvey, produced by Kristen Amiet and edited by Tiffany Dimmack. Our team includes Lia Tsamoglou, Joshua Burton and Jasper Leak, who also composed our music. 

The List: Australia&rsquo;s Richest 250 has landed for another year &ndash; and some of Australia&rsquo;s tech titans have taken a tumble worth billions.&nbsp;
Read more about this story at&nbsp;<a href="http://theaustralian.com.au">theaustralian.com.au</a> and see the video by subscribing to our <a href="https://m.youtube.com/playlist?list=PLfDC8EeZJyt1IVjv5bCRbFBkTl-VYpJyf">YouTube channel</a>.&nbsp;
See&nbsp;<a href="https://www.theaustralian.com.au/business/richest-250-of-2026-australias-billionaire-rankings-and-top-earners-revealed/news-story/9ecf78339ee9504e5f8436184e7656f0">The List: Australia&rsquo;s Richest 250</a>
<a href="https://www.theaustralian.com.au/business/tech-billionaires-lose-35bn-as-ai-threat-shakes-up-australias-richest-250-list/news-story/7c6e045866ad5f2e8b80dc5855a895dd">Tech billionaires lose $35bn as AI threat shakes up Australia&rsquo;s Richest 250 list</a>
<a href="https://www.theaustralian.com.au/business/meet-the-29-new-names-joining-australias-most-exclusive-billionaires-club/news-story/6a867a8d85baeb6fc6709ec83d9e4981">Meet the 29 new names joining Australia&rsquo;s most exclusive billionaires club</a>
<a href="https://www.theaustralian.com.au/wealth/rich-life/richest-250-are-building-empires-in-silence-as-they-shun-asx-for-private-wealth/news-story/224b79f1e66640bc1041f8068d3bc39f">Richest 250 are building empires in silence as they shun ASX for private wealth</a>
<a href="https://www.theaustralian.com.au/nation/politics/jim-chalmers-delivers-prebudget-reckoning-on-the-nations-productivity-and-migration-goals/news-story/5b664733929cc7331b19ae673892b557">Jim Chalmers delivers pre-budget reckoning on the nation&rsquo;s productivity and migration goals</a>
This episode of The Front is presented by Claire Harvey, produced by Kristen Amiet and edited by Tiffany Dimmack. Our team includes Lia Tsamoglou, Joshua Burton and Jasper Leak, who also composed our music.&nbsp;

Billionaire disrupters get a taste of their own medicine

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/8c8edc6c-a2c6-478c-847c-b4120089cb51/transcript

The Front podcast afternoon headlines: Qantas airfares jump amid Middle East conflict

Flights are five per cent up already and there’s likely more to come. Plus, bracing for tropical cyclone Narelle - and why Donald Trump is threatening to blow up a gas field. 

Flights are five per cent up already and there’s likely more to come. Plus, bracing for tropical cyclone Narelle - and why Donald Trump is threatening to blow up a gas field. 

Read more:

Qantas airfares could rise amid fortnightly price reviews

Category five Cyclone Narelle bears down on Queensland for first direct hit in a century

Trump vows to destroy Iran gas field if Qatar plant hit again

Flights are five per cent up already and there&rsquo;s likely more to come. Plus, bracing for tropical cyclone Narelle - and why Donald Trump is threatening to blow up a gas field.&nbsp;
Read more:
<a href="https://www.theaustralian.com.au/business/aviation/qantas-airfares-could-rise-amid-fortnightly-price-reviews/news-story/323eb233f0a9f6cc4985fef947570aff">Qantas airfares could rise amid fortnightly price reviews</a>
<a href="https://www.theaustralian.com.au/nation/category-five-cyclone-narelle-bears-down-on-queensland-for-first-direct-hit-in-a-century/news-story/303e11c85abde2f9b9ceead2a8332875">Category five Cyclone Narelle bears down on Queensland for first direct hit in a century</a>
<a href="https://www.theaustralian.com.au/world/middle-east-latest-iran-lauds-players-who-rejected-temptations-of-australia-as-they-return-home/live-coverage/2c22b81ea27413e37fc393fe73f194ef">Trump vows to destroy Iran gas field if Qatar plant hit again</a>

Why Qantas’ fares are taking off

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/5571a0e7-e1c6-467e-b8e1-b412005c85e8/transcript

How DeepSeek is shaking up AI

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