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China's AI Startup DeepSeek Hit By "Cyberattack", Limits New Registration

Chinese AI sensation DeepSeek on Monday said it was limiting the registration of new users due to large-scale cyberattacks on its services. The company, whose chatbot took over OpenAI's ChatGPT as Apple's top downloaded app on Monday, cited "large-scale malicious attacks" for outages and its inability to take on new users. DeepSeek, which was developed by a start-up based in the eastern Chinese city of Hangzhou, has shown the ability to match the capacity of AI pace-setters such as Nvidia. Its success on the US app store sent shares in AI-linked tech giants plummeting on Monday. The low-cost Chinese generative AI venture is thought to have matched US companies in its abilities but at a fraction of the cost. Analysts had long thought that the United States' critical advantage over China when it comes to producing high-powered chips -- and its ability to prevent the Asian power from accessing the technology -- would give it the edge in the AI race. Available a...
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