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Pivot

DeepSeek Shockwaves, Nvidia's Plunge, and Target's DEI Rollback

28 Jan 2025

Description

Kara and Scott discuss the panic in Silicon Valley and on Wall Street over China's new AI model DeepSeek, which sent Nvidia and other tech stocks plunging. Is this a troubling trend for AI and the markets? Then, Trump almost starts a trade war with Colombia, and Oracle is reportedly in talks to take over Tiktok. Plus, Target becomes the latest company to end its DEI efforts. Follow us on Instagram and Threads at @pivotpodcastofficial. Follow us on Bluesky at @pivotpod.bsky.social. Follow us on TikTok at @pivotpodcast. Send us your questions by calling us at 855-51-PIVOT, or at nymag.com/pivot. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcription

Full Episode

0.31 - 24.026 Cloaked Ad Voice

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50.66 - 54.082 Scott Galloway

Word, sister. And by the way, I love your hairless legs.

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57.924 - 62.607 Kara Swisher

Hi, everyone. This is Pivot from New York Magazine and the Vox Media Podcast Network. I'm Kara Swisher.

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62.907 - 63.788 Scott Galloway

And I'm Scott Galloway.

63.808 - 65.469 Kara Swisher

Scott, what do you think I did this morning?

66.95 - 69.367 Scott Galloway

You know, I don't know. What did you do this morning, Kara?

69.895 - 72.356 Kara Swisher

Guess who might be living in Washington, D.C.? Lucky.

72.656 - 74.777 Scott Galloway

Oh, you moved your mom down to D.C.?

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