Chinese AI firm DeepSeek says it is facing "large-scale malicious attacks", which are affecting its services. Chinese state media is citing cyber security experts who say the attacks are originating from US-based IP addresses,

DeepSeek, a Chinese startup and major AI competitor to ChatGPT, has rapidly emerged as a formidable player in the AI landscape. Founded in 2023, DeepSeek, backed by the hedge fund High-Flyer, focuses on developing open-source large language models (LLMs) that rival or surpass existing industry leaders in performance and cost efficiency.