When DeepSeek burst into the global AI scene earlier this year, it shook up not just the tech world, but also the global market. However, just as it has been a lurking issue with other AI technologies, it sparked concerns over data privacy, security and regulatory compliance. Developed by the Chinese startup founded by Liang Wenfeng, DeepSeek’s chatbot gained, almost overnight, a massive international user base, rising to the top of app stores and drawing comparisons to OpenAI’s ChatGPT.