Current:Home > MarketsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -ProfitZone
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
TradeEdge View
Date:2025-04-09 07:57:09
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! (192)
Related
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- 2024 Olympics: Gymnast Laurie Hernandez Addresses Her Commentary After Surprising Beam Final
- A guide to fire, water, earth and air signs: Understanding the Zodiac elements
- Google illegally maintains monopoly over internet search, judge rules
- The Best Stocking Stuffers Under $25
- Why Simone Biles, Jordan Chiles bowed down to Rebeca Andrade after Olympic floor final
- How Google's huge defeat in antitrust case could change how you search the internet
- These TikTok-Viral K-Beauty Gems Fully Live Up to the Hype & Are All Under $25 on Amazon
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Rural Nevada sheriff probes potential hate crime after Black man says he was racially harassed
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Buca di Beppo files for Chapter 11 bankruptcy after closing several locations
- Incumbent Maloy still leads after recount in Utah US House race, but lawsuit could turn the tide
- Michigan primaries will set the stage for Senate, House races key to control of Congress
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Who is Tim Walz? Things to know about Kamala Harris’ choice for vice president
- What sustains moon's fragile exosphere? Being 'bombarded' by meteorites, study says
- Harris readies a Philadelphia rally to introduce her running mate. But her pick is still unknown
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
Ex-Trump attorney Jenna Ellis to cooperate in Arizona fake electors case, charges to be dropped
Texas trooper gets job back in Uvalde after suspension from botched police response to 2022 shooting
2024 Olympics: Gymnast Laurie Hernandez Addresses Her Commentary After Surprising Beam Final
Sonya Massey's father decries possible release of former deputy charged with her death
'House of the Dragon' Season 3 is coming: What we know so far
White Sox lose 21st straight game, tying AL record set by 1988 Baltimore Orioles, falling 5-1 to A’s
John Travolta and daughter Ella Bleu spotted on rare outing at Paris Olympics