Current:Home > FinanceDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Wealth Harmony Labs
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-18 03:30:37
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! (1)
Related
- Family of explorer who died in the Titan sub implosion seeks $50M-plus in wrongful death lawsuit
- Arctic report card points to rapid and dramatic impacts of climate change
- Music trends that took us by surprise in 2023
- Advice from a critic: Read 'Erasure' before seeing 'American Fiction'
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Suicide bomber attacks police station in northwest Pakistan, killing 3 officers and wounding 16
- Epic wins its antitrust lawsuit against the Play Store. What does this verdict mean for Google?
- ManningCast features two 'Monday Night Football' games at once: What went right and wrong
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Starbucks December deals: 50% off drinks and free hot chocolate offerings this month
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Singer Zahara, South Africa’s Afro-soul sensation and beloved ‘Country Girl,’ dies aged 36
- Rare gold coins, worth $2,000, left as donations in Salvation Army red kettles nationwide
- Big Bang Theory's Kate Micucci Shares Lung Cancer Diagnosis
- Connie Chiume, South African 'Black Panther' actress, dies at 72
- CPR can be lifesaving for some, futile for others. Here's what makes the difference
- Starbucks December deals: 50% off drinks and free hot chocolate offerings this month
- Big Bang Theory's Kate Micucci Shares Lung Cancer Diagnosis
Recommendation
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
How Zach Edey, Purdue men's hoops star, is overcoming immigration law to benefit from NIL
Kate Cox did not qualify for an abortion in Texas, state Supreme Court says
Poor countries need trillions of dollars to go green. A long-shot effort aims to generate the cash
Euphoria's Hunter Schafer Says Ex Dominic Fike Cheated on Her Before Breakup
China’s homegrown C919 aircraft arrives in Hong Kong in maiden flight outside the mainland
Tommy DeVito's agent makes waves with outfit, kisses during Giants game
As Navalny vanishes from view in Russia, an ally calls it a Kremlin ploy to deepen his isolation