Current:Home > MyDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Summit Capital Strategies
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-18 05:41:23
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! (5386)
Related
- Buckingham Palace staff under investigation for 'bar brawl'
- Iowa vs. Northwestern at Wrigley Field produced fewer points than 6 Cubs games there this year
- Highly pathogenic avian flu detected at Alabama chicken farm, nearly 48K birds killed
- Foundation will continue Matthew Perry's work helping those struggling with 'the disease of addiction'
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Some houses are being built to stand up to hurricanes and sharply cut emissions, too
- Summer House's Carl Radke Defends Decision to Call Off Wedding to Lindsay Hubbard
- LSU vs. Alabama: The best plays and biggest moments from Crimson Tide's win over Tigers
- Average rate on 30
- Maine mass shooter was alive for most of massive 2-day search, autopsy suggests
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Spanish league slams racist abuse targeting Vinícius Júnior during ‘clasico’ at Barcelona
- Judge dismisses challenge to New Hampshire’s provisional voting law
- The Rockin' Meaning Behind Travis Barker and Kourtney Kardashian’s Baby Name Revealed
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Fatal vehicle crash kills 4 in Maryland
- What is daylight saving time saving, really? Hint: it may not actually be time or money
- Kyle Richards Reveals Holidays Plans Amid Mauricio Umansky Separation
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Record-setting A.J. Brown is colossal problem Cowboys must solve to beat Eagles
WWE Crown Jewel results: Matches, highlights from Saudi Arabia; Kairi Sane returns
LSU vs. Alabama: The best plays and biggest moments from Crimson Tide's win over Tigers
Nearly half of US teens are online ‘constantly,’ Pew report finds
Trump’s decades of testimony provide some clues about how he’ll fight for his real estate empire
What young athletes can learn from the late Frank Howard – and not Bob Knight
Israel tightens encirclement of Gaza City as Blinken urges more civilian protection — or else there will be no partners for peace