Current:Home > MyDeepSeek: 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?
View
Date:2025-04-12 20:38:00
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! (968)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- McConnell will step down as the Senate Republican leader in November after a record run in the job
- NHL trade deadline targets: Players who could be on the move over the next week
- Pregnant Sofia Richie Candidly Shares She's Afraid of Getting Stretch Marks
- North Carolina justices rule for restaurants in COVID
- Texas border cities offer Biden and Trump different backdrops for dueling visits
- Paulina Porizkova, model, writer and advocate for embracing aging, is a Woman of the Year honoree
- Mississippi man gets more than 3 years for threatening violence via social media site
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Richard Lewis, stand-up comedian and 'Curb Your Enthusiasm' actor, dies at 76
Ranking
- The Best Stocking Stuffers Under $25
- Ex-romantic partner of Massachusetts governor wins council OK to serve on state’s highest court
- James Beard Foundation honors 'beloved' local restaurants with America's Classics: See who won
- Are refined grains really the enemy? Here’s what nutrition experts want you to know
- Global Warming Set the Stage for Los Angeles Fires
- Ryan Gosling performing Oscar-nominated song I'm Just Ken from Barbie at 2024 Academy Awards
- Burger King offers free Whopper deal in response to Wendy’s 'surge pricing' backlash
- Free People's It Girl Quilted Carryall Is Finally Back in Stock! Get It Before It Sells Out
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Family Dollar is fined over $40 million due to a rodent infestation in its warehouse
2024 NFL scouting combine Thursday: How to watch defensive linemen, linebackers
Larry David remembers late 'Curb Your Enthusiasm' co-star Richard Lewis: 'He's been like a brother'
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Cyndi Lauper inks deal with firm behind ABBA Voyage for new immersive performance project
Legislation allowing recreational marijuana sales in Virginia heads to GOP Gov. Glenn Youngkin
West Virginia House OKs bill doctors say would eliminate care for most at-risk transgender youth