Current:Home > InvestDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -GrowthSphere Strategies
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-18 08:54:50
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! (2826)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Utah gymnastics parts ways with Tom Farden after allegations of abusive coaching
- Moscow puts popular Ukrainian singer on wanted list, accusing her of spreading false information about Russian military
- As New York Officials Push Clean Hydrogen Project, Indigenous Nation Sees a Threat to Its Land
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Former Boy Scout leader pleads guilty to sexually assaulting New Hampshire boy decades ago
- Matt Rife responds to domestic violence backlash from Netflix special with disability joke
- OpenAI says ousted CEO Sam Altman to return to company behind ChatGPT
- Meta donates $1 million to Trump’s inauguration fund
- We review 5 of the biggest pieces of gaming tech on sale this Black Friday
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- South Korea partially suspends inter-Korean agreement after North says it put spy satellite in orbit
- Military scientists identify remains of Indiana soldier who died in German WWII battle
- Do you know this famous Sagittarius? Check out these 30 celebrity fire signs.
- Why members of two of EPA's influential science advisory committees were let go
- Pope Francis meets with relatives of Israeli hostages and Palestinian prisoners
- Germany to extradite an Italian man suspected in the killing of a woman that outraged Italy
- Regulators and law enforcement crack down on crypto’s bad actors. Congress has yet to take action
Recommendation
Intel's stock did something it hasn't done since 2022
Broadcom planning to complete deal for $69 billion acquisition of VMWare after regulators give OK
Military scientists identify remains of Indiana soldier who died in German WWII battle
South Korea partially suspends inter-Korean agreement after North says it put spy satellite in orbit
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Anthropologie’s Black Friday Sale 2023: Here’s Everything You Need in Your Cart Stat
Atlanta officer used Taser on church deacon after he said he could not breathe, police video shows
The US has thwarted a plot to kill a Sikh separatist leader, an AP source says