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Runner-up in the Kerry and Munster Nationals when trained by Willie Mullins but switched stables last month.

“In order to compete with DeepSeek, you got to be better than DeepSeek, and they need this kind of money to do just that,” said Gene Munster, managing partner at Minneapolis-based Deepwater Asset Management.

The blasts and booms from such military training exercises are so constant that locals in the nearby small town of Munster barely notice anymore.

Tech analyst Gene Munster of Deepwater Asset Management wrote on social media this week that his optimism had "taken a step back" as the chance of a recession increased "measurably" over the past month.

Gene Munster, managing partner of Minneapolis-based Deepwater Asset Management, said that, at the highest level, it’s “understandable” that Musk is frustrated.