Current:Home > NewsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -TradeGrid
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-13 11:18:29
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
- A South Texas lawmaker’s 15
- Woman found dead on Phoenix-area hike, authorities say it may be heat related
- NASCAR Cup race at Michigan disrupted by rain, will resume Monday
- Lightning-caused wildfire burning uncontained in northern Arizona near the Utah line
- The Best Stocking Stuffers Under $25
- ‘Barbie’ joins $1 billion club, breaks another record for female directors
- Barr says Trump prosecution is legitimate case and doesn't run afoul of the First Amendment
- Usher Weighs In On Debate Over Keke Palmer's Concert Appearance After Her Boyfriend's Critical Comments
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- James McBride's 'Heaven & Earth Grocery Store' and more must-read new book releases
Ranking
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Trump lawyer says Pence will be defense's best witness in 2020 election case as former VP disputes claims
- Bella Hadid shares vulnerable hospitalization pictures amid Lyme disease treatment
- One injured after large fire breaks out at Sherwin-Williams factory in Texas, reports say
- The Daily Money: Spending more on holiday travel?
- Bella Hadid shares vulnerable hospitalization pictures amid Lyme disease treatment
- Police kill a burglary suspect in Lancaster after officers say he pointed a gun at them
- Andrew Tate, influencer facing rape and trafficking charges in Romania, released from house arrest
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Bryson DeChambeau claims first LIV tournament victory after record final round
Pregnant Kourtney Kardashian Proves Her Maternity Style Is the Most Interesting to Look At
2 killed, 3 hurt when pleasure boat catches fire in bay south of Los Angeles
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Stock market today: Asian benchmarks mostly slip after Wall Street’s losing week
A simpler FAFSA is coming for the 2024-25 school year. Here's what to expect.
DeSantis’ retaliation against Disney hurts Florida, former governors and lawmakers say