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?
View
Date:2025-04-14 03:50:02
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! (5)
Related
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- ‘Menendez Brothers’ documentary: After Ryan Murphy’s ‘Monsters’ Erik, Lyle have their say
- Why did Jets fire Robert Saleh? Record, Aaron Rodgers drama potential reasons for ousting
- Popular Nintendo Switch emulator Ryujinx shuts down amid crackdown from Nintendo
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Teen who cut off tanker on Illinois highway resulting in crash, chemical spill: 'My bad'
- What does climate change mean to you? Here's what different generations say.
- Woman accusing Vince McMahon of sexual abuse asks WWE to waive confidentiality agreements
- Travis Hunter, the 2
- Martha Stewart Shares Her Issue With Trad Wife Phenomenon
Ranking
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Soccer Star Jack Grealish Welcomes First Baby With Partner Sasha Attwood
- How Scheana Shay Is Playing Matchmaker for Brittany Cartwright Amid Jax Taylor Divorce
- Charlie Puth Reveals “Unusual” Post-Wedding Plans With Wife Brooke Sansone
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Movie armorer on Alec Baldwin’s film ‘Rust’ pleads guilty to gun charge in separate case
- FEMA administrator continues pushback against false claims as Helene death toll hits 230
- Where is 'College GameDay' for Week 7? Location, what to know for ESPN show
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
Saints vs. Chiefs highlights: Chiefs dominate Saints in 'Monday Night Football' matchup
Shams Charania replaces mentor-turned-rival Adrian Wojnarowski at ESPN
Lore Segal, esteemed Austrian American writer who fled the Nazis as a child, dies at 96
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Bill introduced to award 1980 ‘Miracle On Ice’ US hockey team with Congressional Gold Medals
Canyoneer dies after falling more than 150 feet at Zion National Park
Could Milton become a Category 6 hurricane? Is that even possible?