Current:Home > MarketsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -TruePath Finance
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-17 06:03:22
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! (4393)
Related
- Sonya Massey's father decries possible release of former deputy charged with her death
- China says US moves to limit access to advanced computer chips hurt supply chains, cause huge losses
- 3 face federal charges in bizarre South Florida kidnapping plot
- The madness in women's college basketball will continue. And that's a great thing.
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Well-known leader of a civilian ‘self-defense’ group has been slain in southern Mexico
- 50 years later, a look back at the best primetime lineup in the history of television
- After 37 years, DNA points to a neighbor in Florida woman's 1986 murder
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Staying in on Halloween? Here’s Everything You Need for a Spooky Night at Home
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Georgia deputy fatally shoots 'kind' man who served 16 years for wrongful conviction
- 'Nightmare': Family of Hamas hostage reacts to video of her pleading for help
- Man punched Sikh teen in turban on New York City bus in suspected hate crime, authorities say
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- As Walter Isaacson and Michael Lewis wrote, their books' heroes became villains
- US announces sanctions against a group of 10 Hamas members and financial network over Israel attack
- Juventus midfielder Nicolò Fagioli gets seven-month ban from soccer for betting violations
Recommendation
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Pink denies flying Israeli flags; 'Priscilla' LA premiere canceled amid Israeli-Palestinian war
Russian President Putin and Chinese leader Xi meet in Beijing and call for close policy coordination
Scholastic book fairs, a staple at U.S. schools, accused of excluding diverse books
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Maren Morris files for divorce from Ryan Hurd after 5 years of marriage
No charges for deputy who fatally shot 21-year-old during traffic stop
DeSantis touts Florida's Israel evacuation that likely would've happened without his help