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DeepSeek targeted by extensive cyberattack, limiting registration capabilities


DeepSeek, a Chinese artificial intelligence startup, has temporarily limited user registrations due to a large-scale malicious attack on its services. Existing users can still log in as usual. The startup has gained popularity as a rival to leading AI tools like OpenAI’s ChatGPT and Google’s Gemini. DeepSeek’s AI Assistant overtook ChatGPT as the most-downloaded free app in the U.S., causing a selloff in global tech stocks.

Founded in 2023, DeepSeek released its R1 model last week, focusing on large language models and reaching artificial general intelligence. The hype around DeepSeek has spread to tech analysts, investors, and developers, who fear falling behind in the AI arms race, with the market predicted to exceed $1 trillion in revenue within a decade.

Despite U.S. restrictions on chip exports to China, DeepSeek’s models have been developed at a fraction of the cost of rival models by OpenAI, Anthropic, and Google. The release of R1 has propelled DeepSeek to the top of app stores and industry leaderboards, with users praising its performance and reasoning capabilities.

The startup’s success has raised questions in the AI sector about the necessity of astronomical funding rounds and billion-dollar valuations, leading to concerns about a potential bubble in the industry. As DeepSeek continues to make waves in the AI market, the future of the industry remains uncertain.

Note: The image is for illustrative purposes only and is not the original image of the presented article.

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