With China’s buy-in, DeepSeek accelerates AI model launch after shaking global markets

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With China’s buy-in, DeepSeek accelerates AI model launch after shaking global markets
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BEIJING, Feb 26 — DeepSeek is looking to press home its advantage. The Chinese startup triggered a US$1 trillion-plus (RM4.4 trillion) sell-off in global equities markets last...

Did Jho Low stay for 1MDB’s board meeting after passing Najib’s call to chairman Bakke? Here’s what ex-director Lodin recallsA DeepSeek AI sign is seen at a building where the Chinese start-up's office is located in Beijing, China, February 19, 2025. . — Reuters picBEIJING, Feb 26 — DeepSeek is looking to press home its advantage.

R2 is likely to worry the U.S. government, which has identified leadership of AI as a national priority. Its release may further galvanise Chinese authorities and companies, dozens of which say they have started integrating DeepSeek models into their products. A giant screen shows news footage of Chinese President Xi Jinping shaking hands with DeepSeek founder Liang Wenfeng during a symposium on private enterprises, at a shopping complex in Beijing, China, February 17, 2025. — Reuters picLiang was born in 1985 in a rural village in the southern province of Guangdong. He later obtained communication engineering degrees at the elite Zhejiang University.

He regularly delved into technical details and was happy to work alongside Gen-Z interns and recent graduates that comprised the bulk of its workforce, according to two former employees. They also described usually working eight-hour days in a collaborative atmosphere. DeepSeek was accused of having as many as 50,000 higher-end Nvidia chips that are banned for export to China. — AFP picDeepSeek’s success with a low-cost AI model is based on High-Flyer’s decade-long and substantial investment in research and computing power, three people said.

“Regulators wanted to know why they need so many chips?” the person said. “How they were going to use it? What kind of impact would that have on the market?” China’s cabinet and commerce ministry, as well as China’s securities regulator, did not respond to requests for comment. The startup used techniques like Mixture-of-Experts and multihead latent attention , which incur far lower computing costs, its research papers show.

DeepSeek’s pricing was 20 to 40 times cheaper than what OpenAI charged for equivalent models, analysts at Bernstein brokerage estimated in early February.

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