A research team that includes Huawei Technologies says it has successfully used the firm’s Ascend 910C chips to complete post-training for the DeepSeek-V4-Pro model, marking a major step forward as China’s semiconductor industry tries to leap from supporting basic AI inference to more complex model training amid tightening US sanctions. While Chinese chipmakers have found success in supporting AI inference – the relatively simple process of running an already-finished model to answer user...
The Hong Kong Generative AI Research and Development Centre (HKGAI) has officially launched a new DeepSeek-based large language model that can run on domestic chips, as the government-backed lab seeks to commercialise its products and export Chinese AI overseas. The HKGAI-V3 model, built on DeepSeek V4, has achieved “significant improvements” in efficiency and agentic capabilities, the centre said on Wednesday. The home-grown model delivered over tenfold improvement in the efficiency of token...
Chinese artificial intelligence start-up DeepSeek is finalising its first external fundraising round, securing over 50 billion yuan (US$7.4 billion) at a valuation of just under US$60 billion, according to people familiar with the matter – marking a six-fold leap from its US$10 billion valuation in April. The blockbuster round highlights intensifying global competition and a shifting strategy for the AI breakout star, which had previously resisted external capital. Market-oriented investors and...
Chinese artificial intelligence start-up DeepSeek’s latest flagship model has been ranked as one of the world’s best on an intelligence-per-dollar basis, far exceeding those from US heavyweights OpenAI and Anthropic in cost-efficiency after a 75 per cent promotional price cut was made permanent. The Hangzhou-based start-up announced the permanent price cut for its V4 Pro model on Saturday, a month after it released the long-awaited V4 generation, which comprises the flagship V4 Pro model and its...
Chinese artificial intelligence heavyweight DeepSeek has recruited a former Jane Street star engineer to its new AI “harness” team, as it looks to ensure it does not fall behind in the agentic AI era. Cui Tianyi joined the Hangzhou start-up in March, according to a post on his LinkedIn profile on Tuesday, after four years at Hong Kong-based quantitative trading firm TSY Capital, which he co-founded in 2022. The engineer previously spent nearly nine years as a software developer and researcher at...
Chinese youth are increasingly turning to artificial intelligence (AI) for fortune-telling, discovering that AI models are cheaper, faster, and equally effective compared to traditional human soothsayers. On a popular Chinese social media platform, the hashtag #deepseeksuanming, or DeepSeek fortune-telling, has amassed over 55 million views. DeepSeek is a family of Chinese AI models launched in 2023. Many users report that AI fortune-telling has seamlessly integrated into their daily routines....