DeepSeek Temporarily Limits User Registrations Due to Malicious Attacks
DeepSeek, a Chinese artificial intelligence startup, announced on Monday that it will temporarily limit user registrations due to large-scale malicious attacks on its services. However, existing users will still be able to log in as usual. The news comes as the company has generated significant buzz in recent weeks, rivaling OpenAI’s ChatGPT and other leading AI tools.
DeepSeek’s AI Assistant app recently dethroned ChatGPT as the most-downloaded free app in the US on Apple’s App Store, sparking a significant sell-off in global tech stocks. The company’s rapid growth and hype have led to speculation that the AI sector may be experiencing a bubble.
DeepSeek was founded in 2023 and released its R1 model last week, which has gained widespread attention for its performance and reasoning capabilities. The model is open-source, allowing any AI developer to use it, and has been built despite the US curbing chip exports to China.
The startup’s models have been developed at a fraction of the cost of rival models by OpenAI, Anthropic, Google, and others, raising questions about the necessity of astronomical funding rounds and billion-dollar valuations in the AI sector.