Current:Home > InvestDeepSeek: 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?
TradeEdge View
Date:2025-04-09 18:33:45
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! (9597)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Judge issues ruling in bankruptcy case of Deion Sanders' son Shilo
- Screw warm and fuzzy: Why 2024 is the year of feel-bad TV
- Teen Mom Star Amber Portwood's Fiancé Gary Wayt Found After Disappearance
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Mama June's Daughter Jessica Chubbs Shannon Wants Brother-In-Law to Be Possible Sperm Donor
- Judge could soon set trial date for man charged in killings of 4 University of Idaho students
- Sean Lowe and Catherine Giudici Warn Bachelor Couples Not to Fall Into This Trap
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Princess Kate cancer update: Read her full statement to the public
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Malfunctioning steam room sets off alarm, prompts evacuation at Rhode Island YMCA
- Mike Tyson uses non-traditional health treatments that lack FDA approval
- Trump allies hope his daughter Tiffany’s father-in-law can help flip Arab American votes in Michigan
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- North Carolina governor vetoes bill that would mandate more youths getting tried in adult court
- Bridgerton Season 4: Cast Teases What’s Next After Season 3 Finale
- Can the Greater Sage-Grouse Be Kept Off the Endangered Species List?
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Gretchen Walsh, a senior at Virginia, sets world record at Olympic trials
The Supreme Court’s ruling on mifepristone isn’t the last word on the abortion pill
Decomposed remains of an infant found in Kentucky are likely missing 8-month-old girl, police say
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Couple rescued from desert near California’s Joshua Tree National Park after running out of water
Judge blocks Biden’s Title IX rule in four states, dealing a blow to protections for LGBTQ+ students
Stores are more subdued in observing Pride Month. Some LGBTQ+ people see a silver lining in that