Home Business DeepSeek’s Rapid Ascent and Cybersecurity Challenges Shake Global Tech Markets

DeepSeek’s Rapid Ascent and Cybersecurity Challenges Shake Global Tech Markets

by Sonia Park
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DeepSeek's Rapid Ascent and Cybersecurity Challenges Shake Global Tech Markets

In a remarkable turn of events, Chinese artificial intelligence startup DeepSeek has swiftly ascended to prominence, surpassing established AI platforms and triggering significant ripples across global financial markets. However, this meteoric rise is accompanied by substantial challenges, including large-scale cyberattacks and ensuing market volatility.

DeepSeek's AI assistant has rapidly become the most-downloaded free application on the U.S. Apple App Store, overtaking industry leaders such as OpenAI's ChatGPT. The startup's innovative approach involves deploying advanced AI models that operate efficiently on less advanced and more affordable hardware, offering comparable performance to Western counterparts at a. . .

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