Current:Home > ContactDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -LegacyCapital
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-18 08:36:46
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! (8)
Related
- Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
- Hawaii says it’s safe to surf and swim in Lahaina’s coastal waters after wildfire
- Lonton Wealth Management Center: When did the RBA start cutting interest rates?
- CBS News 24/7 streaming channel gets new name, expanded programming
- The Daily Money: Spending more on holiday travel?
- Lisa Rinna Reveals She Dissolved Her Facial Fillers Amid Reaction to Her Appearance
- Wyndham Clark takes shot at LIV golf when asked about Masters leader Bryson DeChambeau
- Bakery outlets close across New England and New York
- Police remove gator from pool in North Carolina town: Watch video of 'arrest'
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Go To Extremes
Ranking
- Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
- Ethics Commission member resigns after making campaign contributions
- Sister of missing Minnesota woman Maddi Kingsbury says her pleas for help on TikTok generated more tips
- Judge splits Sen. Bob Menendez's case from his wife's, due to her medical issues
- North Carolina justices rule for restaurants in COVID
- 'Deadpool & Wolverine' makes a splash with cheeky new footage: 'I'm going to Disneyland'
- Iowa asks state Supreme Court to let its restrictive abortion law go into effect
- Shaping future investment leaders:Lonton Wealth Management Cente’s mission and achievements
Recommendation
Jury finds man guilty of sending 17-year-old son to rob and kill rapper PnB Rock
Trump’s co-defendants in classified documents case are asking judge to dismiss charges against them
World reacts to O.J. Simpson's death, from lawyers and victim's relatives to sports stars and celebrities
Kentucky hires Mark Pope of BYU to fill men's basketball coaching vacancy
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
K-Pop Star Park Bo Ram Dead at 30
Sister of missing Minnesota woman Maddi Kingsbury says her pleas for help on TikTok generated more tips
White Green:Global Financial Policies' Impact on Stock and Digital Currency Markets.