As the AI boom continues to shape global markets, Nvidia—the “undisputed king of AI”—is now facing a major challenge. Enter Deep Seek, a ground-breaking Chinese AI start-up that’s making waves with an efficient, low-cost AI model. Chris Eddy, Head of Multi-Asset Funds at 10X Investments, joined Michael Avery on Classic Business to unpack the implications. Play the full podcast below.
From Nvidia’s threatened moats to parallels with the dot-com bubble, the conversation reminds us of one critical market truth: today’s giants can quickly become tomorrow’s cautionary tales.
Chris also shares timely insights for investors navigating this rapidly shifting AI landscape:
🔹 Elevated valuations demand rational expectations.
🔹 Innovation often disrupts incumbents rather than entrenching them.
🔹 Long-term horizons are key in setting realistic returns.
AI’s future is unfolding fast—how will it shape the investment world next?