Current:Home > MarketsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Wealthify
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-13 09:15:50
Did AI just have a "Sputnik moment"?
That's what someinvestors, after the little known Chinese startup DeepSeek released a chatbot that experts say holds its own against industry leaders, like OpenAI and Google, despite being made with less money and computing power.
Buzz around DeepSeek built into a wave of concern that hammered tech stocks on Monday. It wiped almost $600bn from chipmaker Nvidia's market value.
Not iterative or evolutionary, but pathbreaking
"This is, I think, something that has really shown to some degree how much the U.S. was living in a bubble," said Antonia Hmaidi, a senior analyst at the Mercator Institute for China Studies in Berlin.
veryGood! (9)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- ACC mascots get blessed at Washington National Cathedral in hilarious video
- New York Times is sending copyright takedown notices to Wordle clones
- Another suspect arrested in shooting that wounded 8 high school students at Philadelphia bus stop
- All That You Wanted to Know About She’s All That
- How to test your blood sugar levels and why it's critical for some people
- Both sides rest in manslaughter trial of Michigan school shooter’s dad
- Republican-led House panel in Kentucky advances proposed school choice constitutional amendment
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Trade: Pittsburgh Steelers sending WR Diontae Johnson to Carolina Panthers
Ranking
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Putin warns again that Russia is ready to use nuclear weapons if its sovereignty is threatened
- Cop boss says marauding rats are getting high on marijuana at New Orleans police headquarters
- Miami Seaquarium says it will fight the eviction, protestors may have to wait to celebrate
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Seavey now has the most Iditarod wins, but Alaska’s historic race is marred by 3 sled dog deaths
- Which 40 states don't tax Social Security benefits?
- How Jordan Peele gave Dev Patel his 'Pretty Woman' moment with struggling 'Monkey Man'
Recommendation
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Babies R Us opening shops inside about 200 Kohl's stores across the country
Which 40 states don't tax Social Security benefits?
In yearly Pennsylvania tradition, Amish communities hold spring auctions to support fire departments
What do we know about the mysterious drones reported flying over New Jersey?
TEA Business College team introduction and work content
Which 40 states don't tax Social Security benefits?
American-Israeli IDF soldier Itay Chen confirmed to have died during Hamas' Oct. 7 terror attack