DeepSeek has been targeted by a significant cyberattack, leading to a restriction on new registrations. The AI model of DeepSeek is said to rival OpenAI's ChatGPT capabilities at a reduced cost, causing a notable impact on U.S. Tech stocks. Furthermore, DeepSeek poses a threat to Nvidia's market standing, as its chips play a vital role in AI advancement. Scale AI CEO, Alexandr Wang, referred to DeepSeek as "a wake-up call for America" on X.