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Cyberattacks force DeepSeek to restrict access after AI assistant tops US app store

Cyberattacks force DeepSeek to restrict access after AI assistant tops US app store

(Web Desk): In response to cyberattacks brought on by the unexpected popularity of its AI helper, Chinese startup DeepSeek has announced that it will temporarily restrict registrations.

A story claims that the business had previously experienced a website downtime following the rise of its AI assistant as the most popular free app on the US App Store.

The business claimed to have fixed problems with its application programming interface and website user logins on its status page.

As the company’s popularity skyrocketed, Monday’s outage was the longest it had seen in almost 90 days.

A free assistant from DeepSeek was released last week, and the firm claims that it requires a lot less data than its current models, which might indicate a big change in the amount of
This milestone demonstrates the profound influence DeepSeek has had in Silicon Valley, supporting widely held beliefs about the US’s hegemony in AI and the consequences of Washington’s export restrictions that target China’s cutting-edge chip and AI capabilities.

As Wall Street and other international stock markets responded to the rise of China’s low-cost generative AI initiatives, which appear to have overtaken US corporations, the tech-heavy Nasdaq saw a decline on Monday.
A firm from Hangzhou, China’s east, called DeepSeek has shown that it can compete with AI pioneers like Nvidia, whose stock fell more than 11%, resulting in a loss of around $400 billion in market value.

Leading the losses with a 2.7% reduction was the Nasdaq, a big tech index. Stocks of Microsoft, Google’s parent firm Alphabet, and AI powerhouse Meta all saw sharp drops.

According to DeepSeek, it only invested $5.6 million to construct its AI model, a small portion of the billions of dollars that US corporations have invested in AI.

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