Saturday, February 1, 2025

DeepSeek hands Sam Altman and nuclear power a wake-up call

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on
Bloomberg

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on web readership.

DeepSeek Is Coming for Sam Altman's Other Company, Too — Liam Denning

If OpenAI LLC were a listed company, Monday would have been a very bad day for the stock. But Chief Executive Sam Altman also happens to be chairman of another, less well-known company that is listed: a developer of nuclear small modular reactors, or SMRs, called Oklo Inc. Monday was a very bad day for that stock.

Even if the market's knee-jerk reactions often lend themselves to overinterpretation, Oklo's 26% selloff on news of a Chinese competitor to chatbots such as ChatGPT is a useful reminder of nuclear power's big vulnerability.

Read the whole thing.

US Coast Guard Doesn't Have Enough Money, Ships or Sailors — James Stavridis

Trump's Firings Are Baiting the Supreme Court — Noah Feldman

DeepSeek Shows Silicon Valley's Huge Blind Spot on AI — Parmy Olson

Nvidia's Stock Crash Solves a Wall Street Puzzle — Nir Kaissar

Hedge Fund AI Is Cheap AI — Matt Levine

The Three Forces Shifting the Investment Landscape — Mohamed A. El-Erian

Trump Doesn't Understand California Water, Fish or Wildfires — Mark Gongloff

Glencore Should Give Ground to Secure a Merger With Rio Tinto — Javier Blas

DeepSeek and Masa Son Have Lessons for Stargate — Catherine Thorbecke

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