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China’s DeepSeek Launches New AI Model—Here’s What To Know
The Chinese AI company said its latest model demonstrated “significant improvements” in benchmark performance.
Liang started accumulating thousands of Nvidia graphics processors for an unnamed AI project in 2021, just before the Biden administration restricted trade of those chips to China. DeepSeek released its advanced reasoning model R1 in January, a move that appeared to put China in close competition with U.S. tech and AI giants like OpenAI and Meta. Nvidia’s dive cut $589 billion off its market cap, marking the largest single-day loss of value for any public company in history.
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