Current:Home > FinanceDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -FundTrack
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-12 13:14:38
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! (5)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- What is French fashion? How to transform your style into Parisian chic
- Adrian Weinberg stymies Hungary, US takes men's water polo bronze in shootout
- Hair loss is extremely common. Are vitamins the solution?
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- 'Scarface' actor Ángel Salazar dies at 68
- RHONJ’s Rachel Fuda Is Pregnant, Expecting Another Baby With Husband John Fuda
- Solid state batteries for EVs: 600 miles of range in 9 minutes?
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- 10 brightest US track and field stars from 2024 Paris Olympics
Ranking
- Rylee Arnold Shares a Long
- Can't get enough of 'The Summer I Turned Pretty' books? Try these romances next
- USA vs. France basketball highlights: American women win 8th straight Olympic gold
- Jacksonville Jaguars to reunite with safety Tashaun Gipson on reported one-year deal
- The Daily Money: Spending more on holiday travel?
- US surgeon general was warned by his mom to avoid politics, but he jumped into the fray anyway
- 'Snow White' gives first look at Evil Queen, Seven Dwarfs: What to know about the remake
- Where are the 2026 Winter Olympics held? Location, date of next Olympic Games
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Democrats launch first paid ad campaign for the Harris-Walz ticket in battleground states
American gymnast Jordan Chiles must return bronze medal after court mandates score change, IOC says
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Ab Initio
What do we know about the mysterious drones reported flying over New Jersey?
'Scarface' actor Ángel Salazar dies at 68
Legionnaires’ disease source may be contaminated water droplets near a resort, NH officials say
18-year-old Iowa murder suspect killed by police in Anaheim, California