US EditionDeepSeek hit with large-scale cyberattack, says it’s limiting registrations
- Deepseek, a China-based AI app, caused shares of many U.S. tech giants to plummet on Monday, including Nvidia and Microsoft.
- Nvidia's share price fell by more than 12% in early trading, while Microsoft's shares dropped about 4.5%.
- The rise of Deepseek raises concerns about the hundreds of billions of dollars invested in U.S. technology.
- The decline wiped US$590 billion from Nvidia's market value, marking the biggest one-day hit in Wall Street history.
462 Articles
462 Articles
DeepSeek, the Chinese startup behind the eponymous artificial intelligence (AI), has been hit by a massive hacker attack for the second day. The company has announced this and apologized to users, saying that registering for its services may be very problematic at the moment.
DeepSeek’s rise is not just a technological achievement, but a direct challenge to the hegemony of American Big Tech. With an advanced AI model created in just two months for less than $6 million, this Chinese startup demonstrates that innovation does not require exorbitant budgets or state-of-the-art hardware. The impact goes beyond technical: DeepSeek is rethinking who can lead the global AI race, with huge strategic implications. Less spendin…
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