Relative Return Unplugged: What the arrival of an AI challenger means for US tech stocks

The emergence of DeepSeek, a Chinese artificial intelligence (AI) start-up that claims to have built an advanced large language model in just two months for under US$6 million, sent shockwaves through the AI world and cratered US tech stocks. In this episode of the Relative Return Unplugged podcast, Professor Geoff Webb from Monash University's Department of Data Science and AI unpacks what the emergence of a Chinese challenger to established US AI players means and whether scepticism over its claims is warranted. We discuss how markets have responded to DeepSeek's arrival, whether tech giants are overspending on AI, the possibility of other challengers popping up around the world, and the security concerns when dealing with Chinese tech. Tune in to hear Webb's insights on how these new developments are going to impact the future of AI.