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U.S. Navy bans use of DeepSeek due to 'security and ethical concerns'

  • The U.S. Navy has banned the use of DeepSeek due to 'security and ethical concerns' raised by White House officials and the National Security Council.
  • Investors sold technology stocks globally after fears that DeepSeek's low-cost AI model could threaten U.S. AI market leaders like OpenAI and Google.
  • Nvidia Corporation experienced a significant stock drop of 17%, resulting in a record loss of approximately $600 billion in market capitalization.
  • The White House aims to ensure American AI dominance, with officials reviewing the implications of DeepSeek amid concerns of potential intellectual property theft.
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