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A Sputnik moment for AI?
The Statesman Siliguri
|February 17, 2025
After the release of DeepSeek-R1 on Jan. 20 triggered a massive drop in chipmaker Nvidia's share price and sharp declines in various other tech companies' valuations, some declared this a "Sputnik moment" in the Sino-American race for supremacy in artificial intelligence.
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While America's AI industry arguably needed shaking up, the episode raises some difficult questions.
The US tech industry's investments in AI have been massive, with Goldman Sachs estimating that "mega tech firms, corporations and utilities are set to spend around $1 trillion on capital expenditures in the coming years to support AI." Yet for a long time, many observers, including me, have questioned the direction of AI investment and development in the United States.
Diese Geschichte stammt aus der February 17, 2025-Ausgabe von The Statesman Siliguri.
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