Current:Home > InvestDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Wealth Momentum Network
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
TrendPulse Quantitative Think Tank Center View
Date:2025-04-10 08:23:52
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! (1)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Angelia Jolie’s Ex-Husband Jonny Lee Miller Says He Once Jumped Out of a Plane to Impress Her
- In a first, Oscar-nominated short ‘The Last Repair Shop’ to air on broadcast television
- John Calipari's middling Kentucky team may be college basketball's most interesting story
- Former Syrian official arrested in California who oversaw prison charged with torture
- At least 7 Los Angeles firefighters injured in explosion, multiple in critical condition
- 14 GOP-led states have turned down federal money to feed low-income kids in the summer. Here’s why
- Ex-Los Angeles police officer won’t be retried for manslaughter for fatal shooting at Costco store
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Steady ascent or sudden splash? North Carolina governor’s race features men who took different paths
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- The Voice Alum Cassadee Pope Reveals She's Leaving Country Music
- Georgia Senate passes plan meant to slow increases in property tax bills
- Will it take a high-profile athlete being shot and killed to make us care? | Opinion
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Outer Banks Star Austin North Speaks Out After Arrest Over Alleged Hospital Attack
- Bystander tells of tackling armed, fleeing person after shooting at Chiefs’ Super Bowl parade
- Nebraska lawmaker seeks to ban corporations from buying up single-family homes
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Biden protects Palestinian immigrants in the U.S. from deportation, citing Israel-Hamas war
After searing inflation, American workers are getting ahead, Treasury Secretary Janet Yellen says
Who is Lynette Woodard? Former Kansas star back in spotlight as Caitlin Clark nears record
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Volkswagen-backed Scout Motors, in nod to past, toasts start of construction of electric SUV plant
Stock market today: Asian shares track Wall Street rally as Japan’s Nikkei nears a record high
John Calipari's middling Kentucky team may be college basketball's most interesting story