Current:Home > StocksDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -InvestTomorrow
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-15 07:16:58
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
- Military service academies see drop in reported sexual assaults after alarming surge
- The 10 NFL draft prospects with most to prove at 2024 scouting combine
- Leader of Georgia state Senate Democrats won’t seek office again this year
- Is Kathy Hilton the Real Reason for Kyle Richards & Dorit Kemsley's Falling Out? See the Costars Face Off
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Iowa county is missing $524,284 after employee transferred it in response to fake email
- Florida lawmaker pulls bill on wrongful death of unborn children after Alabama IVF ruling
- Kentucky lawmakers advance bill allowing child support to begin with pregnancy
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Could Missouri’s ‘stand your ground’ law apply to the Super Bowl celebration shooters?
Ranking
- Intel's stock did something it hasn't done since 2022
- Gary Sinise’s Son McCanna “Mac” Sinise Dead at 33
- Brawl involving Cam Newton another reminder that adults too often ruin youth sports
- Kentucky lawmakers advance bill allowing child support to begin with pregnancy
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Feds take over case against man charged with threatening Virginia church
- These Are the Most Viral SKIMS Styles That Are Still in Stock and Worth the Hype
- Phones are distracting students in class. More states are pressing schools to ban them
Recommendation
Questlove charts 50 years of SNL musical hits (and misses)
Manhattan D.A. asks for narrowly tailored Trump gag order ahead of hush money trial
Wendy Williams documentary producers say they didn’t know she had dementia while filming most scenes
Georgia Senate seeks to let voters decide sports betting in November
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Watch out Pete Maravich: See how close Iowa basketball's Caitlin Clark to scoring record
Wendy Williams documentary producers say they didn’t know she had dementia while filming most scenes
Jurors begin deliberations in retrial of an ex-convict accused of killing a 6-year-old Tucson girl