Current:Home > MarketsDeepSeek: 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?
View
Date:2025-04-17 14:15:29
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! (8357)
Related
- All That You Wanted to Know About She’s All That
- We can't get excited about 'Kraven the Hunter.' Don't blame superhero fatigue.
- Fewer U.S. grandparents are taking care of grandchildren, according to new data
- GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Mystery drones are swarming New Jersey skies, but can you shoot them down?
- Stock market today: Asian shares advance, tracking rally on Wall Street
- Kylie Kelce's podcast 'Not Gonna Lie' tops Apple, Spotify less than a week after release
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- A Malibu wildfire prompts evacuation orders and warnings for 20,000, including Dick Van Dyke, Cher
Ranking
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Secretary of State Blinken is returning to the Mideast in his latest diplomatic foray
- East Coast storm makes a mess at ski resorts as strong winds cause power outages
- China says Philippines has 'provoked trouble' in South China Sea with US backing
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- She grew up in an Arizona church community. Now, she claims it was actually a religious cult.
- Taxpayers could get $500 'inflation refund' checks under New York proposal: What to know
- 'Secret Level' creators talk new video game Amazon series, that Pac
Recommendation
Could your smelly farts help science?
China's ruling Communist Party expels former chief of sports body
'The Later Daters': Cast, how to stream new Michelle Obama
Southern California forecast of cool temps, calm winds to help firefighters battle Malibu blaze
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
She grew up in an Arizona church community. Now, she claims it was actually a religious cult.
Hate crime charges dropped against 12 college students arrested in Maryland assault
Chiquis comes from Latin pop royalty. How the regional Mexican star found her own crown