Current:Home > NewsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Wealth Legacy Solutions
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-18 07:38:38
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! (8)
Related
- A White House order claims to end 'censorship.' What does that mean?
- David DePape is on trial, accused of attacking Paul Pelosi in his home. Here's what to know.
- Black riverboat co-captain faces assault complaint filed by white boater in Alabama dock brawl
- New UN report paints a picture of the devastation of the collapsing Palestinian economy
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Police investigate report of doll found decapitated at Ohio home flying Palestinian flag
- Tensions between Dominican Republic and Haiti flare after a brief armed standoff at the border
- Hear Dua Lipa's flirty, ridiculously catchy new song 'Houdini' from upcoming third album
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Appeals court set to consider Steve Bannon's contempt of Congress conviction
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Independent inquiry launched into shipwreck off Greece that left hundreds of migrants feared dead
- Picasso's Femme à la montre sells for more than $139 million at auction, making it his second most expensive piece
- This week on Sunday Morning (November 12)
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Shohei Ohtani helping donate 60,000 baseball gloves to Japanese schools
- Manny Machado digs in at groundbreaking for San Diego FC’s training complex and academy
- Ole Miss, Kiffin seek dismissal of lawsuit filed by Rebels football player
Recommendation
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Biden and Xi will meet Wednesday for talks on trade, Taiwan and managing fraught US-China relations
Maryland woman wins over $200,000 from Racetrax lottery game after husband criticizes her betting strategy
Hungary’s Orbán says negotiations on Ukraine’s future EU membership should not move forward
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Appeals court set to consider Steve Bannon's contempt of Congress conviction
NASA, SpaceX launch: Watch live as Falcon 9 rocket lifts off to ISS from Florida
Unprecedented surge in anti-Arab, anti-Muslim bias incidents reported in U.S. since Israel-Hamas war, advocacy group says