DeepSeek faces cyber attack after grand Wall Street opening, limits new users

Hindustan Times

Hindustan Times

Summary

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Tech stocks plunged Monday morning as fears mounted that Chinese artificial intelligence firm DeepSeek is gaining U.S. dominance in AI development.
NBC News
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Chinese startup DeepSeek's AI Assistant surged to the top of the free app rankings on Apple's App Store in the United States on Monday, surpassing ChatGPT in just 17 days since its release.
International Business Times AU
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At a supposed cost of just $6 million to train, DeepSeek’s new R1 model, released last week, was able to match the performance on several math and reasoning metrics by OpenAI’s o1 model – the outcome of tens of billions of dollars in investment by OpenAI and its patron Microsoft.
Time
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In response, China started creating its own, cheaper chips that came to fruition with DeepSeek, which recently drew attention for its ability to replicate AI functions at a much cheaper cost.
CNBC

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