Current:Home > ScamsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Golden Summit Finance
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-14 07:58:07
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! (927)
Related
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Matthew McConaughey, wife Camila Alves make rare public appearance with their kids
- Jim Harbaugh’s coaching philosophy with Chargers underscored with pick of OT Joe Alt at No. 5
- PEN America cancels World Voices Festival amid criticism of its response to Israel-Hamas war
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Will Messi play at Gillette Stadium? New England hosts Inter Miami: Here’s the latest
- Freight train derailment, fire forces Interstate 40 closure near Arizona-New Mexico line
- Ace the Tenniscore Trend With These Winning Styles from SKIMS, lululemon, Alo Yoga, Kate Spade & More
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- A California bill aiming to ban confidentiality agreements when negotiating legislation fails
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Jim Harbaugh’s coaching philosophy with Chargers underscored with pick of OT Joe Alt at No. 5
- Some urge boycott of Wyoming as rural angst over wolves clashes with cruel scenes of one in a bar
- Worried about a 2025 COLA? This is the smallest cost-of-living adjustment Social Security ever paid.
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- What happens to your credit score when your spouse dies? (Hint: Nothing good.)
- A New Federal Tool Could Help Cities Prepare for Scorching Summer Heat
- Most drivers will pay $15 to enter busiest part of Manhattan starting June 30
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
New York to require internet providers to charge low-income residents $15 for broadband
At least 17 people died in Florida after medics injected sedatives during encounters with police
Sophia Bush comes out as queer, confirms relationship with Ashlyn Harris
B.A. Parker is learning the banjo
An emergency slide falls off a Delta Air Lines plane, forcing pilots to return to JFK in New York
Only 1 of 10 SUVs gets 'good' rating in crash test updated to reflect higher speeds
Minneapolis approves $150K settlement for witness to George Floyd’s murder