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In the News: DeepSeek's Data Concerns; EU Product Safety; and PE Funds Expand Scope
The sudden rise of DeepSeek AI has prompted regulators’ concerns over its processing of data; the EU plans to ensure e-commerce platforms are compliant with its laws; and U.S.-China tensions are pushing China-focused private equity funds to expand beyond China.
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DeepSeek AI Faces Bans by Some Governments
Australia, Italy and Taiwan have banned access to China’s DeepSeek AI while other countries are investigating the company amid its meteoric rise in popularity.