Italy Takes Action Against DeepSeek

The Italian Data Protection Authority (GPDP) has mandated an immediate restriction on DeepSeek within the country. This decision underscores the authority's commitment to safeguarding the privacy and data of Italian users. The GPDP has also initiated an investigation into DeepSeek's practices, signaling a rigorous scrutiny of the company's operations.

Market Impact of DeepSeek V3

The controversy surrounding DeepSeek V3, which has recently outperformed leading models such as GPT-4o and Claude-3.5, has had significant repercussions. In the United States, the unveiling of DeepSeek V3 led to a notable market downturn, with Nvidia experiencing a staggering loss of nearly $600 billion in market value. This event highlights the volatile nature of the tech industry and the profound impact of AI advancements on global markets.