The rave of the moment AI’s new entrant, DeepSeek, might have been hit by a disruption apparently beyond its immediate control as would-be users struggle to sign up for the new kid on the block.
DeepSeek has put out a message that it is facing a “malicious” disruption.
“Due to large-scale malicious attacks on DeepSeek’s services, registration may be busy. Please wait and try again. Registered users can log in normally. Thank you for your understanding and support,” a message on the DeepSeek website stated.
Last week, China released an AI model, which, according to users, is more powerful and up-to-date than anything the Americans have, that is, the DeepSeek-R1. The DeepSeek API uses an API format compatible with OpenAI. By modifying the configuration, you can use the OpenAI SDK or software compatible with the OpenAI API to access the DeepSeek API.
The Chinese have also made the AI model open source, making it available for download, fine-tuning, and altering to suit the user’s demands. The move by the Chinese over the week had made tech billionaires lose a combined amount of over $100 billion in the value of AI companies on the American stock exchange market.
“DeepSeek’s announcement illustrates the dangers of high valuations. Stocks priced for perfection are vulnerable to significant sell-offs, even with limited information,” said Kristina Hooper, the Chief Global Market Strategist at Invesco. “However, this could also make AI more accessible at a far lower cost.”
However, Dr David Patel, an AI ethics specialist, pointed out that as impressive as DeepSeek is, “we need to be cautious about its potential applications. We must ensure that it’s used responsibly and with consideration for its potential impact on society.”
“Nvidia’s stock dip is a ‘golden’ buying opportunity. No major U.S. company will rely on a Chinese firm like DeepSeek for AI infrastructure,” said Wedbush securities analyst Dan Ives.
Gene Mun, a partner at Atwater Asset Management, noted that the “anxiety surrounding DeepSeek may be exaggerated” and “its emergence could accelerate AI adoption while reducing costs, benefiting the broader tech sector.”
However, Dr David Patel, an AI ethics specialist, pointed out that as impressive as DeepSeek is, “we need to be cautious about its potential applications. We must ensure that it’s used responsibly and with consideration for its potential impact on society.”
