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Bloomberg Audio Studios. Podcasts,
radio, news.
Hello, and welcome to another episode of the Odd Lots podcast. I'm Joe Weisenthal. And
I'm Tracy Alloway.
Tracy, we talk a lot about the tech competition between The US and China, but I still think we talk about it in sort of broad strokes. We talk about some of the policies, obviously, made in 2025. But, actually, how the process of tech innovation in China still seems like important. There's more to learn about there. I
totally agree. And, actually, we have a really good example recently in the form of DeepSeek. Right? And this thing that people acted like it came out of nowhere Yeah. But, actually, a lot of the papers have been published over the course of months. But it seemed to surprise everyone. Right? I
don't know if it's true. You know, the story that, oh, it's just the side project of a quantitative hedge fund. Like, that's such a good story. I'm not entirely sure if that's true. And they made it to, like, oh, yeah. While they were doing this quant fund, they built DeepSeek on this side. Like, it's such a it's such an alluring story.
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