DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?

Buzz around DeepSeek built into a wave of concern that hammered tech stocks on Monday.

DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
A DeepSeek artificial intelligence logo on a mobile, arranged in Riga, Latvia, on Monday, Jan. 27, 2025.

Buzz around DeepSeek built into a wave of concern that hammered tech stocks on Monday.

(Image credit: Andrey Rudakov)