Chinese AI company Moonshot AI has raised approximately $2 billion at a $20 billion valuation, led by Meituan's VC arm, bringing its six-month total to $3.9 billion. The company, founded in 2023, develops the popular Kim...
DeepSeek is raising its first venture capital round at a potential $45 billion valuation, led by Chinese state investment funds and tech giants Tencent and Alibaba. The Chinese AI lab gained prominence for developing eff...
Chinese AI startup DeepSeek released an updated version of its R1 reasoning model (R1-0528) that nearly matches OpenAI's o3 performance on coding, math, and knowledge benchmarks. However, testing reveals this new version...
Chinese AI startup DeepSeek has released an updated version of its R1 reasoning AI model on Hugging Face under a permissive MIT license, allowing commercial use. The updated model contains 685 billion parameters, making...
DeepSeek, a Chinese AI lab backed by High-Flyer Capital Management, has gained international attention after its chatbot app topped app store charts. The company has developed cost-efficient AI models that perform well a...
Chinese tech giant Baidu has launched two new AI models - Ernie 4.5, featuring enhanced emotional intelligence for understanding memes and satire, and Ernie X1, a reasoning model claimed to match DeepSeek R1's performanc...
Manus, an "agentic" AI platform from Chinese startup Butterfly Effect, has generated enormous hype with claims of autonomous capabilities surpassing competitors like OpenAI's tools. However, early users and testing revea...
Chinese AI startup DeepSeek has reopened access to its API after a three-week pause caused by capacity constraints. The company's openly available R1 reasoning model has gained recognition for matching or exceeding the p...
Chinese AI lab DeepSeek has announced plans to open source portions of its online services' code as part of an upcoming "open source week" event. The company will release five code repositories that have been thoroughly...
DeepSeek's release of its R1 reasoning model has created significant industry disruption, displacing ChatGPT as the App Store's top app and prompting reactions from both tech giants and the U.S. government. The Chinese A...
