Schneider Electric Chairman Jean-Pascal Tricoire sees China’s AI advancements, including DeepSeek’s R1 model, as a positive step in global AI development.
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00:00It's Benzinga bringing Wall Street to Main Street. Schneider Electric chairman John Pascal
00:04Tricoré sees China's AI advancements, including DeepSeek's R1 model, as a positive step in global
00:10AI development. Tricoré highlighted AI's role in optimizing businesses at all levels that converge
00:15live in Singapore. He noted that smaller scale models like DeepSeek could accelerate AI adoption
00:20across industries. He emphasized the model's potential to enhance safety and reliability
00:24in high-risk environments. Schneider Electric is a major AI-driven power solutions provider.
00:29The company's stock saw strong gains over the past two years but has declined this year
00:34amid concerns about China's AI expansion impacting tech investments.