The European Union has blocked the AI-powered chatbot DeepSeek over concerns about GDPR violations. The decision highlights the EU’s strict stance on data privacy, even for AI apps without a physical presence in the region. This report examines GDPR's territorial scope, DeepSeek’s defense, and the broader implications for AI developers worldwide.

Chainlink's latest initiative merges AI, blockchain, and oracle technology to tackle complex data challenges in finance. By partnering with top FMI providers like Swift and Euroclear, Chainlink aims to create a unified, real-time source for corporate actions data, promising enhanced efficiency, transparency, and cost savings for financial institutions worldwide.