Wednesday, January 29, 2025

#DeepSeek #investment #finance - Microsoft & OpenAI Investigate Group Linked to China's DeepSeek | Daybreak: Europe 1/29/2025

29 January 2025

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, Bloomberg has learned that Microsoft and OpenAI are investigating whether Chinese AI startup, DeepSeek, obtained unauthorized data output from OpenAI technology. ASML'S fourth quarter earnings have smashed estimates amid an AI boom. Meanwhile, fashion and leather good sales at LVMH fell in the fourth quarter, casting doubt on prospects of a quick recovery in luxury demand. Today's guests: Lindsay James, Investment Strategist at Quilter Investors & Frederic Giovansili, Deputy CEO of Tikehau.

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