Current:Home > FinanceDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -InvestSmart Insights
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-15 18:06:48
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 $600bn from chipmaker Nvidia's market value.
Not iterative or evolutionary, but pathbreaking
"This is, I think, something that has really shown to some degree how much the U.S. was living in a bubble," said Antonia Hmaidi, a senior analyst at the Mercator Institute for China Studies in Berlin.
veryGood! (74)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Will Hurricane Milton hit Mar-a-Lago? What we know about storm's path and Trump's estate
- A Georgia county official dies after giving testimony about a hazardous chemical plant fire
- Michael Keaton Reveals Why He’s Dropping His Stage Name for His Real Name
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Seattle Kraken's Jessica Campbell makes history as first female NHL assistant coach
- Paige DeSorbo Swears By These 29 Beauty Products: Last Chance to Shop These Prime Day 2024 Discounts
- Mississippi’s Medicaid director is leaving for a private-sector job
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Dylan Guenther scores first goal in Utah Hockey Club history
Ranking
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Ethel Kennedy, widow of Robert F. Kennedy, suffers stroke
- Next Met Gala chairs: Pharrell Williams, Lewis Hamilton, Colman Domingo, A$AP Rocky and LeBron James
- Escaped cattle walk on to highway, sparking 3 car crashes and 25 animal deaths in North Dakota
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Shop Prime Day 2024 Beauty Deals From 52 Celebrities: Kyle Richards, Sydney Sweeney, Kandi Burruss & More
- State police recruit’s death in Massachusetts overshadows graduation ceremony
- Verizon says issue has been resolved after thousands reported outage Monday morning
Recommendation
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
In remote mountain communities cut off by Helene, communities look to the skies for aid
IPYE: Balancing Risks and Returns in Cryptocurrency Investment
Accelerate Your Savings with $5.94 Deals for Car Lovers Before Amazon Prime Day 2024 Ends in a Few Hours
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
AI Ω: The Medical Revolution and the New Era of Precision Medicine
Mental health support for toddlers has lagged in Texas. That’s now changing.
Al Roker reveals when he learned of Hoda Kotb's 'Today' exit, reflects on life as a grandfather