DeepSeek shocked the AI world this week. Here's how tech CEOs responded
Publishing timestamp: 2025-02-01 13:00:01
Summary
DeepSeek's app became popular, leading to discussions among tech CEOs about its significance. The AI model created by DeepSeek was cost-effective and caused a drop in shares of chipmakers. The rollout coincided with tech earnings season and President Trump's emphasis on U.S. winning in AI. Various tech leaders shared their thoughts on DeepSeek, with some expressing the need for increased efforts to compete with China. Despite the competition, some believe that large AI models are still a good investment.
Sentiment: MIXED
Tickers: PLTR, AVGO, NVDA, TSLA, ORCL, MSFT, AAPL, META, 9984.T-JP,
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