Current:Home > FinanceDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Profound Wealth Insights
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-17 19:42:49
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! (847)
Related
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Italy’s justice minister nixes extradition of priest sought by Argentina in murder-torture cases
- Elmore Nickleberry, a Memphis sanitation worker who marched with Martin Luther King, has died at 92
- American Petroleum Institute Plans Election-Year Blitz in the Face of Climate Policy Pressure
- Louvre will undergo expansion and restoration project, Macron says
- Republicans push back on Biden plan to axe federal funds for anti-abortion counseling centers
- EPA proposes a fee aimed at reducing climate-warming methane emissions
- During 100 days of war, a Gaza doctor pushes through horror and loss in his struggle to save lives
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Kaley Cuoco hid pregnancy with help of stunt double on ‘Role Play’ set: 'So shocked'
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Parents facing diaper duty could see relief from bipartisan tax legislation introduced in Kentucky
- Federal jury finds Puerto Rico ex-legislator Charbonier guilty on corruption charges
- Khloe Kardashian Shares Why She Doesn’t “Badmouth” Ex Tristan Thompson
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Belarusian journalist goes on trial for covering protests, faces up to 6 years in prison
- Khloe Kardashian Shares Why She Doesn’t “Badmouth” Ex Tristan Thompson
- FAA ramps up oversight of Boeing's manufacturing procedures
Recommendation
The company planning a successor to Concorde makes its first supersonic test
Family sues school district over law that bans transgender volleyball player from girls’ sports
Colin Kaepernick on Jim Harbaugh: He's the coach to call to compete for NFL championship
2 rescued after SUV gets stuck 10 feet in the air between trees in Massachusetts
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
American Petroleum Institute Plans Election-Year Blitz in the Face of Climate Policy Pressure
Halle Bailey’s Boyfriend DDG Says She’s Already a “Professional Mom”
Wait, did Florida ban the dictionary? Why one county is pulling Merriam-Webster from shelves