Your Guide to the DeepSeek Freakout: an Emergency Pod

A Chinese firm called DeepSeek managed to upend global markets at the start of the week, to drag down chipmaker Nvidia — and to surge to No. 1 in the iPhone app store, all in basically no time at all. Today, in this bonus episode, we talk through the news behind the freakout. How is a new A.I. model from one Chinese A.I. company making such a big splash? And what does it mean for the U.S. artificial intelligence industry?   We want to hear from you. Email us at hardfork@nytimes.com . Find “Hard Fork” on YouTube and TikTok. . Subscribe today at nytimes.com/podcasts or on Apple Podcasts, Spotify and Amazon Music. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher . For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.