Future Timeline

What is DeepSeek, and Why is It Causing Nvidia and Other Stocks to Slump?
by Aimee Picchi
January 28, 2025

Introduction:

(CBS) A Chinese artificial intelligence company called DeepSeek is grabbing America's attention — and sending a shock wave through Wall Street — due to its new tech, which some experts say rivals that of OpenAI's ChatGPT.

DeepSeek is also catching investors off guard because of the low development costs for its AI app, which Wedbush Securities analyst Dan Ives pegged at only $6 million. By comparison, OpenAI, Google and other major U.S. companies are on track to invest a total of roughly $1 trillion in AI over the coming years, according to Goldman Sachs.

On Monday, DeepSeek's rollout roiled shares of AI stalwarts such as Nvidia, the high-flying manufacturer of advanced chips engineered for AI development, and Dutch company ASML, another chipmaker. The Chinese company's tech is raising questions about whether demand for Nvidia's chips could take a hit, as well as whether investors are overvaluing tech stocks that have been buoyed by the promise of AI, from Meta to Microsoft, experts said.

"DeepSeek has taken the market by storm by doing more with less," said Giuseppe Sette, president at AI market research firm Reflexivity, in an email. "This shows that with AI the surprises will keep on coming in the next few years."

Read more here: https://www.cbsnews.com/news/what-is-d ... da-asml/

https://bsky.app/profile/techcrunch.com

Debunking DeepSeek Delusions

https://www.tanishq.ai/blog/posts/deeps ... sions.html

Basically debunking misconceptions about DeepSeek.

South Korea Suspends Chinese AI App DeepSeek Over Data Protection Issues

Feb 17, 2025

South Korea has suspended new downloads of the Chinese artificial intelligence chatbot DeepSeek, citing privacy concerns and data protection violations. The suspension, which began on February 15, 2025, at 6:00 p.m. local time, affects both iOS and Android platforms but does not impact the web-based version of the service or existing app users.

The Personal Information Protection Commission (PIPC) of South Korea implemented the suspension after identifying problems with DeepSeek’s data processing policies and its communication functions with third-party service providers. The commission’s analysis, which began immediately after DeepSeek’s launch in the country, revealed that the platform did not fully comply with local privacy laws.

DeepSeek had experienced rapid growth in South Korea, attracting over a million weekly users and reaching top positions in app stores. The platform’s success, however, drew increased scrutiny from regulatory bodies, including the National Intelligence Service (NIS), which expressed concerns about excessive personal data collection and its use in AI system training.

Technical investigations have uncovered security vulnerabilities in DeepSeek’s mobile applications. Both Android and iOS versions were found to transmit certain data to company servers without encryption, raising additional privacy concerns among security experts.

In response to the regulatory action, DeepSeek has appointed a local representative in South Korea and acknowledged its failure to adequately consider domestic privacy laws during the service’s launch. The company must now implement improvements to comply with the Personal Information Protection Act before downloads can resume.

https://coincentral.com/south-korea-sus ... on-issues/

SciAm- Secrets of DeepSeek AI Model Revealed in Landmark Paper

https://archive.ph/awuhV