DeepSeek AI: Why US, Australia call it a security risk and urge caution

DeepSeek, a chatbot developed by a Hangzhou-based startup, has rapidly emerged as a formidable competitor in the AI industry, long dominated by Western tech giants. Launched last month, the AI tool has captured global attention due to its remarkable cost efficiency. Unlike companies such as OpenAI, Google, and Meta, which have invested billions in AI, DeepSeek was developed with just $6 million.