Current:Home > StocksDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -OceanicInvest
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-12 15:09:38
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! (7)
Related
- Skins Game to make return to Thanksgiving week with a modern look
- Amy Schumer Unveils Topless Selfie With “40 Extra Lbs”
- Bernice King says mother Coretta Scott King 'wasn't a prop' after Jonathan Majors comments
- Greta Gerwig Has a Surprising Response to Jo Koy’s Barbie Joke
- Average rate on 30
- 71-year-old serial bank robber who spent 40 years in prison strikes again in LA police say
- Olympic fencers who fled Russia after invasion of Ukraine win support for U.S. citizenship
- Horoscopes Today, January 10, 2024
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- How Jennifer Lopez Poked Fun at Her Past Marriages in Latest Music Video
Ranking
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Experts explain health concerns about micro- and nanoplastics in water. Can you avoid them?
- Arkansas’ prison board votes to fire corrections secretary
- Ready to vote in 2024? Here are the dates for Republican and Democratic primaries and caucuses, presidential election
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Biggest snubs in the 2024 SAG Awards nominations, including Leonardo DiCaprio, 'Saltburn'
- Georgia Gov. Brian Kemp tells business group he wants to spend $1.8 billion more on infrastructure
- Climate change is shrinking snowpack in many places, study shows. And it will get worse
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
‘3 Body Problem’ to open SXSW, ‘The Fall Guy’ also to premiere at Austin festival
The bird flu has killed a polar bear for the first time ever – and experts say it likely won't be the last
Longest currently serving state senator in US plans to retire in South Carolina
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Biden administration to provide summer grocery money to 21 million kids. Here's who qualifies.
Man armed with assault rifle killed after opening fire on Riverside County sheriff’s deputies
Delaware judge limits scope of sweeping climate change lawsuit against fossil fuel companies