Current:Home > FinanceDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Wealth Evolution Experts
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-15 03:55:48
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! (7)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Man charged with hate crimes after series of NYC street attacks
- Horoscopes Today, May 28, 2024
- Storm-weary Texas battered again as powerful storm, strong winds kill 1, cause widespread damage
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Washington Post said it had the Alito flag story 3 years ago and chose not to publish
- Texas’ first-ever statewide flood plan estimates 5 million live or work in flood-prone areas
- Jason Kelce defends wife Kylie after commenter calls her a bad 'homemaker'
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Most AAPI adults think history of racism should be taught in schools, AP-NORC poll finds
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Sean Kingston and his mom committed $1 million in fraud and theft, sheriff's office alleges
- Cohen’s credibility, campaigning at court and other takeaways from Trump trial’s closing arguments
- Texas power outage map: Over 800,000 outages reported after storms, with more on the way
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Tina Knowles Shares Beyoncé Was Bullied Growing Up
- Horoscopes Today, May 26, 2024
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Top Dollar
Recommendation
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
7 people, including pilot, parachute out of small plane before crash in Missouri hayfield
T-Mobile buys most of U.S. Cellular in $4.4 billion deal
A `gustnado’ churns across a Michigan lake. Experts say these small whirlwinds rarely cause damage
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Ashley White died patrolling alongside Special Forces in Afghanistan. The U.S. Army veteran was a pioneer for women soldiers.
North Korea says attempt to put another spy satellite into orbit fails, ends in mid-air explosion
NFL kicker Brandon McManus sued, accused of sexual assault on 2023 Jaguars flight