Current:Home > ScamsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -FutureProof Finance
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-15 12:58:21
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! (78)
Related
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Jean-Louis Georgelin, French general in charge of Notre Dame Cathedral restoration, dies at 74
- 4 firefighters suffer heat exhaustion at fire at vacant southern Michigan factory
- Polls open in Zimbabwe as the president known as ‘the crocodile’ seeks a second and final term
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Major artists are reportedly ditching their A-list manager. Here's what's going on
- Tropical Storm Franklin nears Haiti and the Dominican Republic bringing fears of floods, landslides
- WATCH: Commanders owner Josh Harris awkwardly shakes Joe Buck's hand, Troy Aikman laughs on ESPN
- Travis Hunter, the 2
- Milkshakes from a Tacoma burger joint tied to listeria outbreak that killed 3 people
Ranking
- Former Syrian official arrested in California who oversaw prison charged with torture
- Miley Cyrus Shares Meaning Behind Heartbreaking Song Lyrics for Used to Be Young
- Why we don't trust the 'vanilla girl'
- Georgia, Michigan, Ohio State lead the preseason college football NCAA Re-Rank 1-133
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Trump co-defendants in Fulton County case begin surrendering ahead of Friday deadline
- Powerball jackpot reaches $291 million ahead of Monday's drawing. See winning numbers for Aug. 21.
- Jennifer Aniston Details How Parents' Divorce Impacted Her Own Approach to Relationships
Recommendation
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Rays shortstop Wander Franco put on administrative leave as MLB continues investigation
Jailed Sam Bankman-Fried can’t prepare for trial without vegan diet and adequate meds, lawyers say
Dick Van Dyke learns ukulele at age 97: 'Never too late to start something new'
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Rumer Willis Admits Her Baby Girl's Name Came From Text Typo
These $11 Jeans Have Been Around for 47 Years and They’re Still Trending With 94 Colors To Choose From
Court battle begins over Missouri’s ban on gender-affirming health care for minors