Current:Home > StocksDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -PureWealth Academy
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-15 14:36:01
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! (433)
Related
- $1 Frostys: Wendy's celebrates end of summer with sweet deal
- McDonald's is considering a $5 meal to win back customers. Here's what you'd get.
- Babies R Us to open shops inside 200 Kohl's stores in the US: See full list of stores
- Reports: Police officer was shot and killed in Ohio after being ambushed
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- On 'SNL,' Maya Rudolph's Beyoncé still can't slay Mikey Day's 'Hot Ones' spicy wings
- Wilbur Clark:The Innovative Creator of FB Finance Institute
- Blinken delivers some of the strongest US public criticism of Israel’s conduct of the war in Gaza
- Olympic men's basketball bracket: Results of the 5x5 tournament
- Federal prosecutors request 40-year sentence for man who attacked Pelosi’s husband with hammer
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- What's your chance of seeing the northern lights tonight? A look at Saturday's forecast
- Judge strikes down NY county’s ban on female transgender athletes after roller derby league sues
- Avicii’s Ex Emily Goldberg Dead at 34
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Jayden Daniels, Malik Nabers call off $10K bet amid NFL gambling policy concerns
- U.S. weapons may have been used in ways inconsistent with international law in Gaza, U.S. assessment says
- California parents charged with stashing 25,000 fentanyl pills under 1-year-old's crib
Recommendation
Olympic women's basketball bracket: Schedule, results, Team USA's path to gold
Flash floods and cold lava flow hit Indonesia’s Sumatra island. At least 37 people were killed
Some older Americans splurge to keep homes accessible while others struggle to make safety upgrades
New York City police shoot and kill a man they say would not drop a gun
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Kylian Mbappe says 'merci' to announce his Paris Saint-Germain run will end this month
Experts say gun alone doesn’t justify deadly force in fatal shooting of Florida airman
Planet Fitness to raise new basic membership fee 50% this summer