
Sign up to save your podcasts
Or
On Monday, the stock market tanked, seemingly in reaction to the emergence of DeepSeek, an open source AI model developed in China. Nvidia, the semiconductor giant that has been the largest winner of the AI boom, erased $589 billion in market cap, for the biggest one-day wipeout in US stock-market history. Other chipmakers and big tech giants also swooned. So how did DeepSeek do it? Is it a big threat to the American AI giants like OpenAI and Anthropic? What does this say about export restrictions on US chips? On this special emergency session of the podcast, we spoke with Zvi Mowshowitz, an AI expert who authors the excellent Substack, Don’t Worry About the Vase. He answered all our questions and more to help understand what it means.
Read more:
AI-Fueled Stock Rally Dealt $1 Trillion Blow by Chinese Upstart
World’s Richest People Lose $108 Billion After DeepSeek Selloff
Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots
See omnystudio.com/listener for privacy information.
4.5
15431,543 ratings
On Monday, the stock market tanked, seemingly in reaction to the emergence of DeepSeek, an open source AI model developed in China. Nvidia, the semiconductor giant that has been the largest winner of the AI boom, erased $589 billion in market cap, for the biggest one-day wipeout in US stock-market history. Other chipmakers and big tech giants also swooned. So how did DeepSeek do it? Is it a big threat to the American AI giants like OpenAI and Anthropic? What does this say about export restrictions on US chips? On this special emergency session of the podcast, we spoke with Zvi Mowshowitz, an AI expert who authors the excellent Substack, Don’t Worry About the Vase. He answered all our questions and more to help understand what it means.
Read more:
AI-Fueled Stock Rally Dealt $1 Trillion Blow by Chinese Upstart
World’s Richest People Lose $108 Billion After DeepSeek Selloff
Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots
See omnystudio.com/listener for privacy information.
1,185 Listeners
399 Listeners
426 Listeners
2,184 Listeners
982 Listeners
344 Listeners
3,077 Listeners
931 Listeners
2,288 Listeners
968 Listeners
672 Listeners
790 Listeners
191 Listeners
64 Listeners
31 Listeners
400 Listeners
156 Listeners
2 Listeners
272 Listeners
55 Listeners
2 Listeners
50 Listeners
7 Listeners
196 Listeners
11 Listeners
232 Listeners
14 Listeners
48 Listeners
78 Listeners
372 Listeners
91 Listeners
52 Listeners