DeepSeek limits registrations after ‘malicious attacks’

DeepSeek, the Chinese artificial intelligence company whose technology has rattled both Silicon Valley and Wall Street, said Monday it would temporarily limit new user registrations due to “large-scale malicious attacks.”

Existing users can log in as usual, it added in an incident report on its website.

The attack coincides with the company’s rapid success. Its latest model appears to put it alongside peers like OpenAI’s ChatGPT and Google’s Gemini, but at, what it says, a much lower price point.

Founded in 2023, DeepSeek introduced its specialized model, R1, last week.

“Deepseek R1 is one of the most amazing and impressive breakthroughs I’ve ever seen,” Trump advisor and Silicon Valley venture capitalist Marc Andreessen said in a post on X.

DeepSeek’s mobile phone app hit No. 1 on the Apple App store’s free app list on Monday, surpassing ChatGPT. That success also stoked investor fears and led to a deep tech selloff Monday. Shares of Nvidia, which designs chips for major AI firms, were down more than 15% in midday trading Monday.

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