Current:Home > ScamsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -WealthSync Hub
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
PredictIQ View
Date:2025-04-08 06:25:08
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! (68693)
Related
- The White House is cracking down on overdraft fees
- Teen boy arrested in connection to death of Tennessee girl reported missing last month
- North Carolina governor signs 12 bills still left on his desk, vetoes 1 more
- The 2025 Toyota Camry SE sprinkles sporty affordability over new all-hybrid lineup
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, I'm With You
- Vacationing with friends, but you have different budgets? Here's what to do.
- Don't Wait! You Can Still Shop J.Crew Factory's Extra 70% off Sale with Deals Starting at $6
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Sen. Lindsey Graham says if Biden steps aside, this is a dramatically different race for Trump
Ranking
- Bodycam footage shows high
- CLIMATE GLIMPSE: Heat and a hurricane descend on the U.S., other wild weather around the world
- Swatting reports are increasing. Why are people making fake calls to police? | The Excerpt
- Were the murders of California teens the work of a serial killer?
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Driving to a golf getaway? Here are the best SUVs, cars for golfers
- Were the murders of California teens the work of a serial killer?
- July's packed with savings events: How to get deals at Amazon, Target, Walmart, more
Recommendation
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Brad Pitt appears at British Grand Prix with girlfriend Ines de Ramon as 'F1' teaser drops
As ecotourism grows in Maine, so does the desire to maintain Downeast’s wild character
July's packed with savings events: How to get deals at Amazon, Target, Walmart, more
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
You'll Bend the Knee to Emilia Clarke's Blonde Hair Transformation
Taylor Fritz beats Alexander Zverev at Wimbledon. Novak Djokovic gets into it with the crowd
Paris Hilton brings daughter London to namesake city for the first time: 'Dream come true'