DeepSeek, an emerging AI startup, has recently become a subject of intense scrutiny after a cyberattack hampered its user registrations. The timing coincides with the startup's meteoric rise, recently surpassing ChatGPT in popularity. This has caused a major selloff in global tech stocks, with Nvidia losing over 16% of its value. Speculations abound regarding the motives behind the attacks, questioning whether they result from competitors feeling threatened by DeepSeek's potential, especially given the large financial stakes involved in the AI industry.
DeepSeek, an AI startup, is facing major cyberattacks that follow its rapid rise in popularity, which has caused a significant downturn in tech stocks.
The timing of the attacks sparks speculation whether they are the result of DeepSeek's success or intentional moves by competitors to hinder their progress.
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