Current:Home > StocksDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -FinanceCore
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-15 23:22:56
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! (8221)
Related
- Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
- Man who fatally shot 2 teens in a California movie theater is sentenced to life without parole
- Thomas Kingston, Husband of Lady Gabriella Windsor and Pippa Middleton’s Ex, Dead at 45
- Blogger Laura Merritt Walker's 3-Year-Old Son Callahan Honored in Celebration of Life After His Death
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Former MLB Pitcher José DeLeón Dead at 63
- Don Henley resumes testifying in trial over ‘Hotel California’ draft lyrics
- Iowa county is missing $524,284 after employee transferred it in response to fake email
- The Daily Money: Spending more on holiday travel?
- Her air-ambulance ride wasn't covered by Medicare. It will cost her family $81,739
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Evers again asks Wisconsin Republicans to release $125M to combat forever chemicals pollution
- Reviewers Can't Stop Buying These 18 Products From Amazon Because They're So Darn Genius
- Macy's to shut down 150 'underproductive' store locations by 2026, company announces
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- Notable numbers capture the wild weather hitting much of the US this week
- Phones are distracting students in class. More states are pressing schools to ban them
- Dan + Shay sass Reba McEntire during 'The Voice' premiere: 'Don't let her sweet talk you'
Recommendation
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Georgia lawmakers approve tax credit for gun safety training, ban on merchant code for gun stores
Reviewers Can't Stop Buying These 18 Products From Amazon Because They're So Darn Genius
Lara Love Hardin’s memoir ‘The Many Lives of Mama Love’ is Oprah Winfrey’s new book club pick
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Starbucks and Workers United, long at odds, say they’ll restart labor talks
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Ferguson, Missouri, agrees to pay $4.5 million to settle ‘debtors’ prison’ lawsuit