Immediate Restriction on DeepSeek
In a significant move, the Italian Data Protection Authority (GPDP) has mandated an immediate restriction on DeepSeek within the country. This decision aims to safeguard Italian users, as stated by the authority.
Investigation Launched
Alongside the restriction, the GPDP has announced the initiation of an investigation into DeepSeek. This step underscores the seriousness with which the authority is treating the matter.
Market Impact
The announcement comes in the wake of DeepSeek's latest model, DeepSeek V3, outperforming industry giants like GPT-4o and Claude-3.5. The introduction of DeepSeek V3 has notably impacted the market, with Nvidia experiencing a significant loss in market value, amounting to nearly $600 billion in the US alone.
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