Current:Home > FinanceDeepSeek: 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?
Charles H. Sloan View
Date:2025-04-07 15:52:47
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
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Ex-Air Force employee pleads not guilty to sharing classified info on foreign dating site
- Ex-college track coach to be sentenced for tricking women into sending nude photos
- The Urban Aunt Home Aesthetic Combines Drama & Charm, Here’s How to Get the Vibe
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Savannah Chrisley Shares Mom Julie “Fell Apart” Amid Recent Cancer Scare
- Sinbad makes first public appearance since suffering a stroke: 'Miracles happen'
- Another inmate found dead at troubled Wisconsin prison
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- A man who crashed a snowmobile into a parked Black Hawk helicopter is suing the government for $9.5M
Ranking
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- First North Atlantic right whale baby born this season suffered slow, agonizing death after vessel strike, NOAA says
- Garrison Brown, son of 'Sister Wives' stars Janelle and Kody Brown, dies at 25
- Caitlin Clark's record-breaking performance vs. Ohio State sets viewership record for FOX
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Another inmate found dead at troubled Wisconsin prison
- Kentucky Senate passes bill allowing parents to retroactively seek child support for pregnancy costs
- 'I was relieved': Kentucky couples loses, then finds $50,000 Powerball lottery ticket
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
Maryland Senate approves legal protections for gender-affirming care
Boeing hasn’t turned over records about work on the panel that blew off a jetliner, US official says
Rare gray whale, extinct in the Atlantic for 200 years, spotted off Nantucket
This was the average Social Security benefit in 2004, and here's what it is now
HBO Confirms When House of the Dragon Season 2 Will Fly onto Screens
NFL franchise tag deadline tracker: Recapping teams' plans leading into 2024 free agency
EAGLEEYE COIN: Crypto Assets Become a New Choice for Investment