Current:Home > FinanceDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -CapitalSource
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-28 09:21:50
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! (94)
Related
- Plunge Into These Olympic Artistic Swimmers’ Hair and Makeup Secrets
- Hate crime charges dropped against 12 college students arrested in Maryland assault
- The brewing recovery in Western North Carolina
- 'The Later Daters': Cast, how to stream new Michelle Obama
- New Orleans mayor’s former bodyguard making first court appearance after July indictment
- Oregon lawmakers to hold special session on emergency wildfire funding
- US inflation likely edged up last month, though not enough to deter another Fed rate cut
- New Jersey, home to many oil and gas producers, eyes fees to fight climate change
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
Ranking
- Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
- Drew Barrymore Addresses Criticism Over Her Touchiness With Talk Show Guests
- The Voice Season 26 Crowns a New Winner
- Video shows drone spotted in New Jersey sky as FBI says it is investigating
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- East Coast storm makes a mess at ski resorts as strong winds cause power outages
- This house from 'Home Alone' is for sale. No, not that one.
- Trump taps immigration hard
Recommendation
Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
Atmospheric river and potential bomb cyclone bring chaotic winter weather to East Coast
Turning dusty attic treasures into cash can yield millions for some and disappointment for others
We can't get excited about 'Kraven the Hunter.' Don't blame superhero fatigue.
Buckingham Palace staff under investigation for 'bar brawl'
Bill Belichick's salary at North Carolina: School releases football coach's contract details
'The Later Daters': Cast, how to stream new Michelle Obama
Netizens raise privacy concerns over Acra's Bizfile search function revealing citizens' IC numbers