Current:Home > ScamsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -FinanceMind
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-15 03:13:38
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! (5)
Related
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Palestinian man who fled Lebanon seeking safety in Libya was killed with his family by floods
- Intensified clashes between rival factions in Lebanon’s largest Palestinian refugee camp kill 5
- DeSantis calls NAACP's warning about Florida to minorities and LGBTQ people a stunt
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- BP top boss Bernard Looney resigns amid allegations of inappropriate 'personal relationships'
- Retail sales rise 0.6% in August largely due to a spike in gas prices
- 2 men sentenced to life without parole in downtown Pittsburgh drive-by shooting that killed toddler
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Inflation rose in August amid higher prices at the pump
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Niger’s junta released a French official held for 5 days
- 2 men sentenced to life without parole in downtown Pittsburgh drive-by shooting that killed toddler
- 3 officials sworn in at Federal Reserve, as governing board reaches full strength
- Average rate on 30
- After catching escaped murderer, officers took a photo with him. Experts say that was inappropriate
- Mississippi should revive process to put issues on ballot, Secretary of State Watson says
- Demand for back-to-school Botox rising for some moms
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Planned Parenthood to resume offering abortions next week in Wisconsin, citing court ruling
US semiconductor production is ramping up. But without STEM workforce, we'll lose the race.
Earth is outside its ‘safe operating space for humanity’ on most key measurements, study says
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Jonas Brothers, Friendly's launch new ice cream dishes: The Joe, Nick and Kevin Sundaes
US semiconductor production is ramping up. But without STEM workforce, we'll lose the race.
China says EU probe into Chinese electric vehicle exports, subsidies is protectionist