U.S. Navy Bans Use of DeepSeek Over Security and Ethical Concerns

Global technology stocks plunged on Monday amidst concerns that DeepSeek's cost-effective approach could pose a threat to leading U.S. AI companies such as OpenAI and Google's Alphabet. The National Security Council is evaluating the implications of DeepSeek, prompted by worries of potential intellectual property theft raised by David Sacks. Nvidia Corporation saw a significant 17% decrease in its shares, leading to a market capitalization loss of around $600 billion, attributed to worries regarding DeepSeek's influence on the AI sector.