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Digital Camera World
Digital Camera World
Leonie Helm

Australia bans Chinese AI company DeepSeek after it knocks billions of dollars off the stock market

DeepSeek logo on a smartphone with Australian flag in the background.

Australia has banned DeepSeek from all government devices and systems due to perceived security risks the Chinese artificial intelligence (AI) start-up poses.

DeepSeek sent shockwaves through stock markets in January and spooked Silicon Valley when it unveiled its chatbot which matched the performance of its US rivals – claiming to have a much lower training cost. The company has subsequently released its own AI image generator, Janus-Pro-7B.

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