China’s DeepSeek releases update to AI model that sent US shares tumbling earlier this year | CNN Business

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Chinese AI startup DeepSeek released an update to its R1 reasoning model, competing with US rivals like OpenAI. The update, R1-0528, was launched on Hugging Face but without an official announcement. The LiveCodeBench leaderboard ranked DeepSeek just behind OpenAI on code generation. DeepSeek’s advancements challenge the belief that US export controls hinder China’s AI progress.
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