A DeepSeek artificial intelligence logo on a mobile, arranged in Riga, Latvia, on Monday, Jan. 27, 2025. Andrey Rudakov/Bloomberg via Getty Images
Andrey Rudakov/Bloomberg via Getty Images
Did AI just have a “Sputnik moment”?
That’s what some investors, 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