Current:Home > FinanceDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -NextFrontier Finance
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-14 09:13:37
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
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- NFL Week 10 winners, losers: Cowboys' season can no longer be saved
- Fantasy football Week 11: Trade value chart and rest of season rankings
- John Robinson, successful football coach at USC and with the LA Rams, has died at 89
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Pentagon secrets leaker Jack Teixeira set to be sentenced, could get up to 17 years in prison
- Gavin Rossdale Makes Rare Public Appearance With Girlfriend Xhoana Xheneti
- See Chris Evans' Wife Alba Baptista Show Her Sweet Support at Red One Premiere
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Army veteran reunites with his K9 companion, who served with him in Afghanistan
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Ready-to-eat meat, poultry recalled over listeria risk: See list of affected products
- Congress returns to unfinished business and a new Trump era
- Maryland man wanted after 'extensive collection' of 3D-printed ghost guns found at his home
- Tom Holland's New Venture Revealed
- Threat closes Spokane City Hall and cancels council meeting in Washington state
- This is Your Sign To Share this Luxury Gift Guide With Your Partner *Hint* *Hint
- Chris Wallace will leave CNN 3 years after defecting from 'Fox News Sunday'
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Mike Tyson emerges as heavyweight champ among product pitchmen before Jake Paul fight
Asian sesame salad sold in Wegmans supermarkets recalled over egg allergy warning
See Megan Fox, Machine Gun Kelly, Brian Austin Green and Sharna Burgess' Blended Family Photos
Trump issues order to ban transgender troops from serving openly in the military
Rōki Sasaki is coming to MLB: Dodgers the favorite to sign Japanese ace for cheap?
Megan Fox and Machine Gun Kelly are expecting their first child together
What does the top five look like and other questions facing the College Football Playoff committee