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.

By CLP staff

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.

On February 4, the Australian government issued a statement requiring “all government entities to prevent the access, use or installation of DeepSeek products, applications and web services on Australian government systems and mobile devices,” according to the Wall Street Journal.

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