AI: Is It All Over?

February 25, 2025 | Equities, Public Markets
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Photo Simon Steele
Senior Vice President and Senior Portfolio Manager, Head of Fiera Atlas Global Companies Team
Photo Sachin Sharma
Client Portfolio Manager

DeepSeek AI, a Chinese startup, has recently made headlines with its latest AI model, DeepSeek-R1.

This model has showcased efficiency and performance gains, rivalling established players like OpenAI at a fraction of the cost – assuming the reported numbers are to be believed. The market reacted swiftly to this development, with significant declines in the stock prices of major AI and semiconductor companies in the immediate aftermath.