Current:Home > StocksDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -FundMaster
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-27 04:34:27
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
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Birmingham honors the Black businessman who quietly backed the Civil Rights Movement
- FTC sues Amazon for 'tricking and trapping' people in Prime subscriptions
- Feel Cool This Summer in a Lightweight Romper That’s Chic and Comfy With 1,700+ 5-Star Amazon Reviews
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Pressing Safety Concerns, Opponents of the Mountain Valley Pipeline Gear Up for the Next Round of Battle
- Some cancer drugs are in short supply, putting patients' care at risk. Here's why
- Judge blocks a Florida law that would punish venues where kids can see drag shows
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Take 20% Off the Cult Favorite Outdoor Voices Exercise Dress in Honor of Its 5-Year Anniversary
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Inside Clean Energy: Solid-State Batteries for EVs Make a Leap Toward Mass Production
- Harry Styles Reacts to Tennis Star Elina Monfils Giving Up Concert Tickets Amid Wimbledon Run
- Biden is targeting the ‘junk fees’ you’re always paying. But it may not save you money.
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- How Emily Blunt and John Krasinski Built a Marriage That Leaves Us All Feeling Just a Little Jealous
- Police investigating after woman's remains found in 3 suitcases in Delray Beach
- Are American companies thinking about innovation the right way?
Recommendation
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
UPS workers facing extreme heat win a deal to get air conditioning in new trucks
TikTok Just Became a Go-To Source for Real-Time Videos of Hurricane Ian
Wildfires Are Burning State Budgets
Woman dies after Singapore family of 3 gets into accident in Taiwan
Is now the time to buy a car? High sticker prices, interest rates have many holding off
Drifting Toward Disaster: Breaking the Brazos
Black-owned radio station may lose license over FCC 'character qualifications' policy