Peking Playbook Unscripted 20250128: DeepSeek

Happy Lunar New Year to all those who celebrate it! The top news on the last day of the lunar year of Dragon is obviously DeepSeek, the Chinese AI start-up.

You’ve probably heard Americans talk about it all day now. Here is me, Robert Wu of

Baiguan

and China Translated, and Johnny Zou of

MJFinance

talking about it after the close of the brutal trading day when Nvidia sheds nearly $600 billion.

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Highlights

[2:43] Is DeepSeek China’s sabotage against the US?

[10:51] How “involved” is Beijing in all of this?

[19:44] Investment strategies in a post-DeepSeek world

[24:43] Effectiveness of US export controls

[31:02] Censorship on DeepSeek

Background links

Pekingnology

CEO of DeepSeek's parent, High-Flyer Quant, spoke in 2020: Lu Zhengzhe talks about a quantitative investment model fully reliant on AI. It is from there that DeepSeek was born

Geopolitechs

An Informative Closed-Door Discussion on DeepSeek: Vision Matters More Than Technology

DeepSeek, computing, and a victory for open-source over closed-source

DeepSeek Founder Becomes a Guest of China’s Premier, on the Same Day of the R1 Model Launch

DeepSeek Launches Next-Generation Model on Par with OpenAI-o1 Official Version

Does China's DeepSeek-V3 make the computing power advantages of US AI companies less important？

DeepSeek-V3: Chinese Large Model's Commercial Path From Compute Arms Race to Pursuing Maximum Model Efficiency