The launch of DeepSeek has unsettled the world’s belief that it “could contain China”, said Deutsche Bank, calling the emergence of the artificial-intelligence (AI) technology the country’s “Sputnik moment”.
By characterising the start-up’s achievement as a significant turning point for the country, the bank goes further than Marc Andreessen, the influential Silicon Valley venture capitalist, who referred to DeepSeek as a Sputnik moment for the AI sector. The comments refer to Soviet Union’s launch of the world’s first artificial satellite in 1957, which instantly changed perceptions of that country.
