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Jessica Lessin on DeepSeek, TikTok, and Trump

Jan 30, 2025 - businessinsider.com
The article discusses the recent developments in the tech world, focusing on the impact of DeepSeek, a Chinese-built AI engine, on Silicon Valley and Wall Street. DeepSeek's emergence has challenged the conventional wisdom that only the largest tech companies can dominate AI due to their resources. This has led to significant reactions from major tech players and investors, with companies like Meta reportedly strategizing responses. Despite the disruption, large tech firms still stand to benefit from AI due to their established business lines and distribution networks.

The article also touches on the ongoing situation with TikTok and Donald Trump's influence in the tech sector. There is speculation about potential buyers for TikTok, with companies like Microsoft, Walmart, and Oracle being mentioned as possible contenders. Elon Musk's strategic interests in China and his relationship with Trump are also highlighted. Additionally, the article notes that tech leaders are publicly aligning with Trump, not just out of fear, but also to leverage policy changes that could benefit their businesses.

Key takeaways:

  • DeepSeek, a Chinese-built AI engine, is causing significant concern in Silicon Valley due to its potential to rival top US AI technologies at a lower cost.
  • Wall Street is reacting strongly to DeepSeek, with major tech companies like Meta reportedly strategizing responses, highlighting the uncertainty in the AI market.
  • Donald Trump's involvement in the potential sale of TikTok has rekindled interest from major companies like Microsoft, Walmart, and Oracle, with Elon Musk also potentially interested.
  • Tech leaders are publicly aligning with Trump, not just out of fear, but also to leverage potential policy changes that could benefit their businesses.
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