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Home > ABC News Daily > Why China’s DeepSeek AI freaked out Wall Street
Podcast: ABC News Daily
Episode:

Why China’s DeepSeek AI freaked out Wall Street

Category: News & Politics
Duration: 00:15:12
Publish Date: 2025-01-28 15:00:00
Description:

It shocked Silicon Valley and set tech stocks tumbling on Wall Street.

When a little-known Chinese company DeepSeek launched its own surprisingly capable artificial intelligence chatbot, the sector panicked. 

DeepSeek claims to have developed its model despite spending far less money on expensive computer chips than its US-based competitors. 

Today, Professor Michael Blumenstein from the Australian Artificial Intelligence Institute at UTS on what DeepSeek has managed to pull off and how it could change the entire AI landscape. 

Featured: 

Michael Blumenstein, University of Technology Sydney

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