Over the last few days, news of a Chinese startup called DeepSeek built and launched a self-described ‘low cost’ AI model that sent markets into a frenzy. Most of the hurt was felt across certain segments of the U.S. Technology sector, with names like NVIDIA dropping over 15%. Given this news and the subsequent market volatility we felt it was important to connect with Marcello Montanari, Managing Director & Senior Portfolio Manager, North American Equities and Rob Cavallo, Senior Portfolio Manager, North American Equities to gain a better understanding of what DeepSeek is, how certain businesses have been impacted and what this might mean over the long-term.
Watch time: 17 minutes, 1 second