Chinese AI company DeepSeek launches new reasoning model to compete with OpenAI
DeepSeek, a Chinese AI research company backed by hedge fund High-Flyer Capital Management, has released DeepSeek-R1-Lite-Preview, a new AI model designed to rival OpenAI’s o1. The model specializes in reasoning capabilities, allowing it to spend extended time considering questions before providing answers. According to DeepSeek, their model performs comparably to OpenAI’s o1 on established AI … Read more