Current:Home > InvestDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Wealth Evolution Experts
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-16 01:15:54
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! (42)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Social media posts Trump claimed were made by judge's wife were not made by her, court says
- 'Santa! I know him!' How to watch 'Elf' this holiday: TV listings, streaming and more
- Fed’s Powell notes inflation is easing but downplays discussion of interest rate cuts
- Sonya Massey's father decries possible release of former deputy charged with her death
- The 'Golden Bachelor' finale: Gerry Turner puts a ring on it. Who gets his final rose?
- 'Golden Bachelor' after that proposal: Gerry and Theresa talk finale drama, 'naughty' outing
- Palestinian student in Vermont describes realizing he was shot: An extreme spike of pain
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- 5 takeaways from AP’s Black attorneys general interviews about race, justice and politics
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- At least 12 people are missing after heavy rain triggers a landslide and flash floods in Indonesia
- With ‘shuttle diplomacy,’ step by step, Kissinger chased the possible in the Mideast
- Dunkintini? Dunkin' partners with Martha Stewart for espresso martinis, festive glasses
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Biden campaign rips Trump's health care policies in new ad
- Uzo Aduba gives birth to daughter, celebrates being a first-time mom: 'Joy like a fountain'
- Left untreated, heartburn can turn into this more serious digestive disease: GERD
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Hot Holiday Party Dresses Under $100 From H&M, Anthropologie & More
Eddie Murphy, Tracee Ellis Ross talk 'Candy Cane Lane' and his 'ridiculous' holiday display
Chicago and other northern US cities scramble to house migrants with coldest weather just ahead
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Registration open for interactive Taylor Swift experience by Apple Music
AP Exclusive: America’s Black attorneys general discuss race, politics and the justice system
Associated Press correspondent Roland Prinz, who spent decades covering Europe, dies at age 85