This article discusses the impact of Chinese AI startup DeepSeek’s new, cheap artificial intelligence models on the US tech industry and the reactions of various Big Tech executives to this development. The article highlights how DeepSeek’s innovations led to a sell-off in US tech stocks, with companies like Nvidia seeing a significant drop in market cap.
Microsoft CEO Satya Nadella embraced DeepSeek’s AI models, while Meta CEO Mark Zuckerberg was relatively nonchalant about the situation. Apple CEO Tim Cook and Google CEO Sundar Pichai shared their perspectives on the competition from DeepSeek, with Pichai highlighting Google’s own strengths in AI development.
Amazon CEO Andy Jassy expressed confidence that DeepSeek’s models wouldn’t impact overall AI investment, while AMD CEO Lisa Su pointed to new opportunities for growth in AI infrastructure projects. Qualcomm CEO Cristiano Amon and Arm CEO Rene Haas discussed the potential benefits of lower-cost AI for consumer devices.
Overall, the article highlights the varying reactions of US tech executives to the rise of DeepSeek and its impact on the industry, with some seeing opportunities for growth and innovation while others remain cautious about the competition.