Insights   |   March 21, 2025

AI: Is It All Over?

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

Simon Steele
Senior Vice President and Senior Portfolio Manager, Head of Fiera Atlas Global Companies Team
Sachin Sharma
Client Portfolio Manager

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.