Current:Home > ContactDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -WealthConverge Strategies
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-27 13:46:15
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! (1784)
Related
- 'Most Whopper
- Texas electricity demand could nearly double in six years, grid operator predicts
- Ferrari has plans to sell an electric vehicle. The cost? More than $500,000.
- Judy Garland’s hometown is raising funds to purchase stolen ‘Wizard of Oz’ ruby slippers
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Mette says Taylor Swift's 'prowess is unreal' ahead of her opening London Eras Tour slot
- Kendrick Lamar performs Drake diss 'Not Like Us' 5 times at Juneteenth 'Pop Out' concert
- Coming out saved my life. LGBTQ+ ex-Christians like me deserve to be proud of ourselves.
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Alabama man wanted in connection with multiple murders spotted in Arkansas, police say
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Man injured near roller coaster at Kings Island theme park after entering restricted area
- Mass shooting in Philadelphia injures 7, including 1 critical; suspects sought
- Texas electricity demand could nearly double in six years, grid operator predicts
- Trump invites nearly all federal workers to quit now, get paid through September
- The Supreme Court upholds the conviction of woman who challenged expert testimony in a drug case
- Gayle King Defends Justin Timberlake Following His DWI Arrest
- Citizens-only voting, photo ID and income tax changes could become NC amendments on 2024 ballots
Recommendation
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
US jobless claims fall to 238,000 from 10-month high, remain low by historical standards
How Willie Mays, the Say Hey Kid, inspired generations with his talent and exuberance, on and off the field
A DA kept Black women off a jury. California’s Supreme Court says that wasn’t racial bias
Federal hiring is about to get the Trump treatment
Man injured near roller coaster at Kings Island theme park after entering restricted area
Kevin Costner on his saga, Horizon, and a possible return to Yellowstone
U.S. soldier Gordon Black sentenced in Russia to almost 4 years on charges of theft and threats of murder