Current:Home > InvestDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -TrueNorth Finance Path
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-17 04:50:53
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! (26812)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Boxing icon Muhammad Ali to be inducted into 2024 WWE Hall of Fame? Here's why.
- Christina Applegate says she lives 'in hell' amid MS battle, 'blacked out' at the Emmys
- What is the most Oscars won by a single movie?
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- 3 children and 2 adults die after school bus collides with semi in Illinois, authorities say
- A look at standings, schedule, and brackets before 2024 Big 12 men's basketball tournament
- The Daily Money: Telecommutes are getting longer
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- New technology allows archaeologists to use particle physics to explore the past
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- How one dog and her new owner brought kindness into the lives of many
- Kate Beckinsale shares photos from the hospital, thanks 'incredible' mom for her support
- Horoscopes Today, March 11, 2024
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- 1980 cold case murder victim identified as Marine who served in Vietnam after investigation takes twists and turns
- Sen. Bob Menendez and wife plead not guilty to latest obstruction of justice charges
- Can you get pregnant with an IUD? It's unlikely but not impossible. Here's what you need to know.
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Stock market today: Asian shares are mostly higher ahead of a US report on inflation
GM, Chevrolet, Nissan, Porsche among 1.2 million vehicles recalled: Check car recalls here
Housing Secretary Fudge resigning. Biden hails her dedication to boosting supply of affordable homes
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Michelle Pfeiffer misses reported 'Scarface' reunion with Al Pacino at Oscars
Man police say shot his mother to death thought she was an intruder, his lawyer says
Four people found dead after West Virginia fire, body of suspect discovered in separate location