Current:Home > StocksDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Bright Future Finance
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-24 19:46:36
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! (9)
Related
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- El Salvador is gradually filling its new mega prison with alleged gang members
- Officer shooting in Minnesota: 5 officers suffered gunshot wounds; suspect arrested
- Here's Proof Taylor Swift Is Already Bonding With Travis Kelce's Dad
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- 'A Man of Two Faces' is a riveting, one-stop primer on Viet Thanh Nguyen
- French media say a teacher was killed and others injured in a rare school stabbing
- Man pleads guilty to ambush that killed 2 officers and wounded 5 in South Carolina
- Senate begins final push to expand Social Security benefits for millions of people
- Get $160 Worth of Sunday Riley Brightening Skincare Products for Just $88
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Bruce Willis Is “Not Totally Verbal” Amid Aphasia and Dementia Battle
- Gay and targeted in Uganda: Inside the extreme crackdown on LGBTQ rights
- Is cinnamon good for you? Understand the health benefits of this popular fall spice.
- The Daily Money: Spending more on holiday travel?
- Gay and targeted in Uganda: Inside the extreme crackdown on LGBTQ rights
- Taylor Swift's Sweet Moment With Brittany Mahomes at Kansas City Chiefs Game Hits Different
- Israel-Gaza conflict stokes tensions as violent incidents arise in the U.S.
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Fear and confusion mark key moments of Lahaina residents’ 911 calls during deadly wildfire
Enjoy These Spine-Tingling Secrets About the Friday the 13th Movies
Taylor Swift returns to Arrowhead Stadium to see Travis Kelce and the Chiefs face the Broncos
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
New Suits TV Series Is in the Works and We Have No Objections, Your Honor
Japan’s government asks a court to revoke the legal religious status of the Unification Church
Illinois has more teachers with greater diversity, but shortages remain