Current:Home > InvestDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -MoneyStream
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-11 15:09:34
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! (3696)
Related
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Why are there multiple Amazon Prime Days in 2023? Here's what to know.
- A new 'Frasier' seeks success with fresh characters who seem a lot like the old ones
- Wholesale inflation in US rises 2.2% in September, biggest year-over-year gain since April
- Bodycam footage shows high
- Deion Sanders says Travis Hunter, Colorado's two-way star, cleared to return with protection
- GOP links $6 billion in Iran prisoner swap to Hamas attack on Israel, but Biden officials say funds are untouched
- Machine Gun Kelly Responds on Bad Look After Man Rushes Stage
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- AP Election Brief | What to expect in Louisiana’s statewide primaries
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Wisconsin GOP leader reveals names of former justices he asked to look at impeachment
- Oklahoma man who spent 30 years in prison for rape is exonerated after DNA testing: I have never lost hope
- Kelly Ripa Breaks Promise to Daughter Lola Consuelos By Calling Her Out On Live
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Sex education classes often don’t include LGBTQ+ students. New restrictions could make it worse
- Incomes are falling in 17 states. Here's where Americans are falling furthest behind.
- Jada Pinkett Smith Reveals She and Will Smith Had Been Separated for 6 Years Before 2022 Oscars
Recommendation
Woman dies after Singapore family of 3 gets into accident in Taiwan
Vaccine hesitancy affects dog-owners, too, with many questioning the rabies shot
Why the price of Coke didn't change for 70 years (classic)
Are terrorists trying to enter the U.S. through the southern border? Here are the facts.
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
'Oh my God, that's a monster!': Alligator gar caught in Texas could set new world records
How AI can fuel financial scams online, according to industry experts
Disney ups price of some tickets to enter Disneyland and Walt Disney World