Current:Home > NewsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Streamline Finance
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-12 00:21:18
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! (89)
Related
- Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
- Exploding toilet at a Dunkin’ store in Florida left a customer filthy and injured, lawsuit claims
- Stock market today: Asian shares mostly decline after mixed Wall Street finish
- Justice Department sues Texas, Gov. Abbott over state law allowing migrant arrests, deportations
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Sierra Leone’s former president charged with treason for alleged involvement in failed coup attempt
- Navajo Nation charges 2 tribal members with illegally growing marijuana as part of complex case
- Nikki Haley’s Republican rivals are ramping up their attacks on her as Iowa’s caucuses near
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Alabama judge puts a temporary hold on medical marijuana companies
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- How did Jeffrey Epstein make all of his money?
- New year, new clothes: expert advice to how to start a gentleman's wardrobe
- Nevada judge is back to work a day after being attacked by defendant who jumped atop her
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Survivors are found in homes smashed by Japan quake that killed 94 people. Dozens are still missing
- Shaquille O'Neal will become first Orlando Magic player to have his jersey retired
- Respiratory illnesses are on the rise after the holidays
Recommendation
NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
Blinken heads to the Mideast again as fears of regional conflict surge
Valerie Bertinelli is embracing her gray hair. Experts say accepting aging is a good thing.
Who is Natalia Grace? What to know about subject of docuseries, ‘Natalia Speaks’
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Who is marrying the 'Golden Bachelor?' 10 facts about ‘Golden Wedding’ bride Theresa Nist
'Are you looking for an Uber?' Police arrest theft suspect who tried to escape via rideshare
Over a week after pregnant Texas teen Savanah Soto and boyfriend Matthew Guerra killed, a father and son have been arrested