Current:Home > InvestDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -WealthFlow Academy
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-24 04:42:01
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! (25629)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Pink Shares Why Daughter Willow, 13, Being a Theater Kid Is the “Ultimate Dream”
- A Southern California school plants a ‘Moon Tree’ grown with seeds flown in space
- Honda, Nissan, Porsche, BMW among 1.7 million vehicles recalled: Check car recalls here
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Who won 'Big Brother 26'? Recapping Sunday's season finale
- Mark Vientos 'took it personal' and made the Dodgers pay in Mets' NLCS Game 2 win
- Europa Clipper has launched: Spacecraft traveling to Jupiter's icy moon to look for signs of life
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Cowboys' Jerry Jones gets testy in fiery radio interview: 'That's not your job'
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Justin Timberlake Has Best Reaction to Divorce Sign at Concert
- Pumpkin weighing 2,471 pounds wins California contest
- Sean “Diddy” Combs Accused of Sexual Assault and Rape in Series of New Civil Suits
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Is Capital One Financial stock a buy before Oct. 24?
- Leaf-peepers are flocking to see New England’s brilliant fall colors
- Aaron Rodgers rips refs for 'ridiculous' penalties in Jets' loss: 'Some of them seemed really bad'
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Loved ones plea for the safe return of Broadway performer missing for nearly two weeks
Members of Congress call on companies to retain DEI programs as court cases grind on
Madison LeCroy Found $49 Gucci Loafer Dupes, a Dress “Looks Flattering on Women of All Ages and More
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Dolphins expect Tua Tagovailoa to play again in 2024. Here's what we know.
Video captures worker's reaction when former president arrives at McDonald's in Georgia
Eagles coach Nick Sirianni downplays apparent shouting match with home fans