Current:Home > ContactTrendPulse Quantitative Think Tank Center-DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI? -Excel Money Vision
TrendPulse Quantitative Think Tank Center-DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
EchoSense View
Date:2025-04-07 20:33:02
Did AI just have TrendPulse Quantitative Think Tank Centera "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! (3)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Las Vegas Aces become first repeat WNBA champs in 21 years, beating Liberty 70-69 in Game 4
- Simu Liu Reveals His Parents Accidentally Took His Recreational Drugs While House Sitting
- SNL debuts with Pete Davidson discussing Israel-Hamas war and surprise cameos by Taylor Swift, Travis Kelce
- Sam Taylor
- Sen. Maria Cantwell says she wants any NIL legislation to also address NCAA athletes' rights
- Brazil congressional report recommends charges against Bolsonaro over riots
- Sophia Bush's Ex Grant Hughes Supportive of Her Amid Ashlyn Harris Relationship
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Coastal county and groups sue to overturn federal approval of New Jersey’s 1st offshore wind farm
Ranking
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Detroit casino workers launch strike for better pay and benefits
- Why the average American family's net worth increased 37% during the pandemic
- Widow of prominent Pakistani journalist sues Kenyan police over his killing a year ago
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Mexican court employees call 5-day strike to protest proposed funding cuts
- Kourtney Kardashian's Daughter Penelope Disick Hilariously Roasts Dad Scott Disick's Dating Life
- Israel, Gaza and how it's tearing your family and friends apart
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Trump's frustration builds at New York civil fraud trial as lawyer asks witness if he lied
Broad rise in wealth has boosted most US households since 2020 and helped sustain economic growth
Trump's frustration builds at New York civil fraud trial as lawyer asks witness if he lied
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Horror movie creators to reboot 'Gargoyles' on Disney+: What to know about '90s series revival
1 killed, 2 others flown to hospital after house explosion in rural South Dakota
NFL finalizes contract extension for commissioner Roger Goodell through March 2027