DeepSeek restricts access to models as demand exceeds

The Chinese AI startup, DeepSeek is limiting access to its AI model due to overwhelming demand that has strained its server capacity. The firm has temporarily suspended the ability for customers to add API credits to avoid impacting their services, though existing stored values won't be affected.

The AI Startup is experiencing server resource constraints due to the recent surge in popularity of its R1 model, which debuted on January 20.

South Korea is blocking access to DeepSeek due to concerns about data collection, with similar constraints emerging in Taiwan, Italy, the United States and Australia. These concerns include the potential for sensitive data exposure and a lack of transparency in personal data use.

Nominee for US Commerce Secretary, Howard Lutnick has accused DeepSeek of stealing US technology and circumventing export controls to acquire Nvidia chips for AI development.

The hype around DeepSeek's AI model has significantly impacted global markets, leading to a decrease in US and European tech stocks.

DeepSeek has announced that discounts for its AI model will end on February 8, with prices increasing for both input and output tokens.

Various contries and government bodies are restricting or banning DeepSeek on official devices due to national security concerns. The Australian government has banned DeepSeek from all government systems and devices.

Add your thoughts on the topic.

It's me, @justmythoughts, an ordinary Hive user looking to make the most of the platform. I will appreciate your support. Follow me for more. Thanks, Gracias :)

Posted Using INLEO