Italy’s data protection authority, the Garante, has initiated an investigation into the Chinese AI company DeepSeek for possible privacy violations. The regulator is seeking information on how the AI model gathers, processes, and stores personal data, specifically whether user information is being sent to China. DeepSeek, which has recently emerged as a prominent AI assistant, has been given 20 days to respond to the inquiry. Read Also: DeepSeek Overview This action is part of a larger European initiative to ensure that AI platforms adhere to stringent data protection regulations. The investigation…
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Nvidia Experiences Unprecedented $593 Billion Loss as DeepSeek Transforms the AI Market
In a surprising turn of events, Nvidia, the leading player in graphics processing units (GPUs), has experienced a staggering $593 billion drop in market value, marking the largest single-day loss in corporate history. The tech giant, renowned for its innovative advancements in AI and gaming hardware, saw its stock take a nosedive after DeepSeek, a new AI-driven technology, gained significant market interest and investor confidence. DeepSeek, a groundbreaking AI system that claims to outpace Nvidia’s GPU-based solutions, has quickly gained popularity, leading to a significant transformation in the AI landscape….
Read MoreDeepSeek Halts New Registrations After Surge in Cyberattacks.
DeepSeek, a leading AI research firm, has decided to temporarily halt new user registrations due to a recent increase in cyberattacks aimed at its platform. This precautionary step was taken to protect current users and maintain the integrity of the system. In a statement, DeepSeek explained that the attacks mainly targeted weaknesses in its user access systems, leading the company to enhance its cybersecurity measures. “Our main focus is to protect the data and trust of our users,” the firm stated. This decision comes at a pivotal moment for DeepSeek,…
Read MoreTech stocks are experiencing a downturn as DeepSeek prompts a reevaluation of AI strategies
The global tech sector experienced a significant selloff today, with major indexes declining as investors reevaluate the valuation of AI-driven companies. This downturn was sparked by revelations from DeepSeek, a prominent AI research firm, which released findings that raised concerns about the scalability and near-term profitability of existing AI technologies. DeepSeek’s report pointed out challenges related to cost efficiency, data reliability, and regulatory compliance, indicating that the industry might be overestimating how quickly AI systems can transform core sectors. These findings have led to a wave of profit-taking in high-growth…
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