Will Moonshot’s AI bring Silicon Valley back to earth? episode artwork

EPISODE · Jul 21, 2026 · 22 MIN

Will Moonshot’s AI bring Silicon Valley back to earth?

from ABC Business Daily · host Australian Broadcasting Corporation

A new AI model from Chinese startup Moonshot has put pressure on Silicon Valley-backed tech titans. Meanwhile markets have taken notice, with downturns on the South Korean KOSPI. Could these sorts of tech moves in China, drag the highly valued Space X, Nasdaq and more - back down to earth?And here in Australia, where the national property conversation carries on, could a lack of housing supply be keeping downsizers from finding new homes? Might stamp duty be part of the problem?Daniel Ziffer and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team at [email protected] and we'll attempt to answer it.Daniel Ziffer and GUEST break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team at [email protected] and we'll attempt to answer it.

Episode metadata supplied by the publisher feed · Published Jul 21, 2026

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Will Moonshot’s AI bring Silicon Valley back to earth?

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