Latest / Impact Vector: Technology

AI is killing the cheap smartphone — 2026-05-24
## Short Segments DeepSeek's permanent 75% price cut on its AI model V4 Pro intensifies the AI price war, undercutting major competitors like GPT-5. Moment, a fintech startup founded by former Citadel quants, raises $78 million to expand its AI operating system for wealth management. Stellantis plans to build Chinese electric vehicles in Canada and Mexico, but not in the U.S. Coming up, we'll explore how AI's demand for memory is reshaping the smartphone market. DeepSeek has permanently slashed prices on its V4 Pro AI model by 75%, a move that escalates the competitive landscape in the AI…
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