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How China AI DeepSeek Upended US Tech as Trump, Nvidia, OpenAI Respond | Bloomberg The Pulse
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January 28, 2025
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41:40Now PlayingNvidia jumped in premarket trading after plunging 17% yesterday following Monday’s record-breaking rout. US stock futures staged a small rebound after the tech-fueled selloff, as Chinese AI startup DeepSeek released an AI model called R1 that has gained significant attention and is being compared to leading models from OpenAI and Microsoft. Nvidia has called DeepSeek's new model "excellent" while Sam Altman has welcomed the competition, and promised more from OpenAI. Meanwhile the US dollar advanced after US President Donald Trump threatened to slap tariffs on foreign-produced semiconductors, pharmaceuticals and some metals to compel producers to manufacture in the country.
Today's guests: Thushka Maharaj, JPMorgan Asset Management; Ipek Ozkardeskaya, Swissquote Bank
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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