
Chinese AI company DeepSeek released an AI model that is sending shockwaves through the US tech industry due to its low cost and high performance. Tech investor Marc Andreessen calls it "AI's Sputnik moment," causing US tech stocks to tumble this morning, with Nvidia the hardest hit, down 11%. The app surpassed ChatGPT on the Apple App Store as the most-downloaded free application. But after receiving a flood of registrations and "large-scale malicious attacks"—possibly a DDoS attack—DeepSeek has "temporarily" restricted access to those with a +86 mainland Chinese phone number. You may still be able to sign in with a Google account.
https://www.pcmag.com/news/what-is-deepseek-china-shocks-ai-industry-with-sputnik-moment