Get all your news in one place.
100’s of premium titles.
One app.
Start reading
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.

Billions of dollars were wiped off the stock markets internationally, including in Australia, where stocks tied to AI dropped dramatically overnight.

Tony Burke, home affairs minister announced the ban, stating all DeepSeek products, applications and services would be immediately removed from government networks, Bloomberg reported.

“AI holds immense potential, but we will not hesitate to act when security threats are identified,” Burke said, adding that the decision was based on the risk assessment rather than the company’s Chinese origins, stating that Australia’s approach remained “country-agnostic.”

While the ban is restricted to government devices, Burke advised Australian citizens to remain cautious about their digital presence and data protection.

This is not the first time Australia has been unwilling to engage with Chinese companies in the past. In 2018, excluded Chinese companies Huawei and ZTE from the country’s 5G infrastructure, citing issues of national security as the reason.

The UK and Australian government have ordered Chinese-made security cameras to be removed from sensitive sites in March last 2023.

Taiwan has also blocked the service, while Ireland’s Data Protection Commission has requested further details on DeepSeek’s plans. Bloomberg has also reported that numerous private companies have pre-emptively restricted access to the AI platform.

Not interested in generative AI images? Take a look at our guides to the best professional cameras, the best cameras for beginners, and the best film cameras.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.