Current:Home > MarketsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Dynamic Money Growth
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-26 13:52:41
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
- Trump issues order to ban transgender troops from serving openly in the military
- U.S. Women's National Team Eliminated From 2023 World Cup After Cruel Penalty Shootout
- Massachusetts State Police must reinstate 7 troopers who refused to be vaccinated, arbitrator says
- Bachelor Nation Status Check: Which Couples Are Still Continuing Their Journey?
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- How small changes to buildings could save millions of birds
- NASCAR suspends race at Michigan due to rain and aims to resume Monday
- 2 people charged in connection with Morgan Bauer's 2016 disappearance in Georgia
- Trump's 'stop
- Horoscopes Today, August 5, 2023
Ranking
- Trump issues order to ban transgender troops from serving openly in the military
- Sales-tax holidays are popular, but how effective are they?
- China, Russia send warships near Alaska; US responds with Navy destroyers
- Heat rash treatment: What to know about the condition and how to get rid of it quick
- Louvre will undergo expansion and restoration project, Macron says
- Queen Latifah, Chuck D and more rap legends on ‘Rapper’s Delight’ and their early hip-hop influences
- Liberty University freshman offensive lineman Tajh Boyd dies at age 19
- White mom sues Southwest Airlines over blatant racism after alleged human trafficking flag
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Sam Smith soothes and seduces on Gloria tour: 'This show is about freedom'
Death toll from train derailment in Pakistan rises to 30 with 90 others injured, officials say
26 horses killed in barn fire at riding school in Georgia
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Storms spawning tornadoes in America's Heartland head for East Coast: Latest forecast
Coco Gauff defeats Maria Sakkari in DC Open final for her fourth WTA singles title
At least 2 buildings destroyed in flooding in Alaska’s capital from glacial lake water release