Current:Home > MarketsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -ProgressCapital
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-11 21:04:59
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! (45714)
Related
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- A New Jersey city that limited street parking hasn’t had a traffic death in 7 years
- Caitlin Clark breaks Pete Maravich's all-time scoring record as Iowa beats Ohio State
- Can a solar eclipse blind you? Get to know 5 popular eclipse myths before April 8
- Meta releases AI model to enhance Metaverse experience
- Item believed to be large balloon discovered by fishermen off Alaskan coast
- Georgia teen critically injured after police trade gunfire with a group near Six Flags
- A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Trader Joe's recalls its chicken soup dumplings for possibly having marker plastics
- At least 2 wounded in shooting outside high school basketball game near Kansas City
- This classical ensemble is tuned in to today's headlines
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- NASA SpaceX launch: Crew-8's mission from Cape Canaveral scrubbed over weather conditions
- 'Dune: Part Two' ending explained: Atreides' revenge is harrowing warning (spoilers ahead)
- Cancer is no longer a death sentence, but treatments still have a long way to go
Recommendation
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
The semi driver rescued dangling from a bridge had been struck by an oncoming vehicle: mayor
Police charge man after pregnant Amish woman slain in Pennsylvania
An Indiana county hires yet another election supervisor, hoping she’ll stay
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
‘Dune: Part Two’ brings spice power to the box office with $81.5 million debut
Georgia’s largest county is still repairing damage from January cyberattack
32 things we learned from 2024 NFL scouting combine: Xavier Worthy sets 40 record, J.J. McCarthy builds buzz