Current:Home > MarketsDeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Infinite Edge Capital
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
View
Date:2025-04-20 22:54:52
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! (961)
Related
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Missouri constitutional amendment would ban local gun laws, limit minors’ access to firearms
- Live Updates: Morocco struggles after rare, powerful earthquake kills and injures scores of people
- Amazon to require some authors to disclose the use of AI material
- The Daily Money: Spending more on holiday travel?
- Ben Shelton's US Open run shows he is a star on the rise who just might change the game
- Huawei is releasing a faster phone to compete with Apple. Here's why the U.S. is worried.
- House GOP seeks access to Biden's vice presidential records from Archives, seeking any information about contacts with Hunter Biden or his business partners
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Greece hopes for investment boost after key credit rating upgrade
Ranking
- Don't let hackers fool you with a 'scam
- A southern Swiss region votes on a plan to fast-track big solar parks on Alpine mountainsides
- Greek authorities evacuate another village as they try to prevent flooding in a major city
- Gunmen attack vehicles at border crossing into north Mexico, wounding 9, including some Americans
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Novak Djokovic steals Ben Shelton's phone celebration after defeating 20-year-old at US Open
- US-backed Kurdish fighters say battles with tribesmen in eastern Syria that killed dozens have ended
- Ashton Kutcher and Mila Kunis Wrote Letters Supporting Danny Masterson Ahead of Rape Case Sentencing
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Greek authorities evacuate another village as they try to prevent flooding in a major city
Rescue begins of ailing US researcher stuck 3,000 feet inside a Turkish cave, Turkish officials say
Who says money can’t buy happiness? Here’s how much it costs (really) in different cities
Bodycam footage shows high
NATO member Romania finds new drone fragments on its territory from war in neighboring Ukraine
A concerned citizen reported a mass killing at a British seaside café. Police found a yoga class.
Vatican holds unprecedented beatification of Polish family of 9 killed for hiding Jews