Current:Home > ContactDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -WealthEngine
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-17 18:45:30
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! (139)
Related
- A South Texas lawmaker’s 15
- Michigan man arrested and charged with murder in 2021 disappearance of his wife
- 2 dead in vehicle explosion at Rainbow Bridge U.S.-Canada border crossing; officials say no sign of terrorism
- North West Slams Mom Kim Kardashian's Dollar Store Met Gala Look
- US appeals court rejects Nasdaq’s diversity rules for company boards
- CSX promises Thanksgiving meals for evacuees after train derails spilling chemicals in Kentucky town
- What Happened to the Great Lakes Offshore Wind Boom?
- Turkey’s central bank hikes interest rates again as it tries to tame eye-watering inflation
- Rylee Arnold Shares a Long
- Incumbent Salt Lake City Mayor Erin Mendenhall wins bid for second term
Ranking
- Current, future North Carolina governor’s challenge of power
- The Afghan Embassy says it is permanently closing in New Delhi over challenges from India
- Washoe County school superintendent’s resignation prompts search for 5th new boss in 10 years
- Watch man travel 1200 miles to reunite with long-lost dog after months apart
- The White House is cracking down on overdraft fees
- Hundreds of German police raid properties of Hamas supporters in Berlin and across the country
- Thanksgiving is the most common day for cooking fires in the US. Here's how to safely prepare your holiday meal.
- Marrakech hosts film festival in the shadow of war in the Middle East
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Israel-Hamas truce deal for hostage release hits last-minute snag, now expected to start Friday
Simone Biles celebrates huge play by her Packers husband as Green Bay upsets Lions
Israel unveils what it claims is a major Hamas militant hideout beneath Gaza City’s Shifa Hospital
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Gov. Kathy Hochul outlines steps New York will take to combat threats of violence and radicalization
Biden's FCC takes aim at early termination fees from pay-TV providers
She's that girl: New Beyoncé reporter to go live on Instagram, answer reader questions