Kyle Rodda, senior market analyst at Capital.com, says the updated AI model unveiled by China’s DeepSeek raises concerns about geopolitical risks as well as questions about US tech stock valuations. According to Rodda, the “proverbial arms race in technology investment and AI investment has taken a very, very interesting turn where now China looks like a very viable competitor and a competitor that perhaps might catch the ire of the Trump administration.” He speaks on Bloomberg Television.
(Source: Bloomberg)