The Big Story: Is China's DeepSeek panic overblown? Are they using smuggled AI chips from Singapore?

The release of China's new DeepSeek AI-powered chatbot app has rocked the technology industry. This has sent shockwaves through Silicon Valley, with investors selling their tech stocks and companies like Nvidia seeing a significant drop in value. However, the excitement around DeepSeek has given way to scrutiny, with questions emerging about how its AI models were built and their broader impact. What impact will DeepSeek have on the AI landscape? And, will its success undermine the ongoing US-China tech war? On The Big Story, Hongbin Jeong speaks with Kyle Rodda, Senior Financial Market Analyst, Capital.com to find out more.See omnystudio.com/listener for privacy information.