China's DeepSeek Releases AI Model Upgrade, Intensifies Rivalry with OpenAI

The DeepSeek logo is seen at the offices of Chinese AI startup DeepSeek in Hangzhou, in China's eastern Zhejiang province on February 5, 2025. (AFP)
The DeepSeek logo is seen at the offices of Chinese AI startup DeepSeek in Hangzhou, in China's eastern Zhejiang province on February 5, 2025. (AFP)
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China's DeepSeek Releases AI Model Upgrade, Intensifies Rivalry with OpenAI

The DeepSeek logo is seen at the offices of Chinese AI startup DeepSeek in Hangzhou, in China's eastern Zhejiang province on February 5, 2025. (AFP)
The DeepSeek logo is seen at the offices of Chinese AI startup DeepSeek in Hangzhou, in China's eastern Zhejiang province on February 5, 2025. (AFP)

Chinese artificial intelligence startup DeepSeek released a major upgrade to its V3 large language model, intensifying competition with US tech leaders like OpenAI and Anthropic.
The new model, DeepSeek-V3-0324, was made available through AI development platform Hugging Face, marking the company's latest push to establish itself in the rapidly evolving AI market, Reuters said.
The latest model demonstrates significant improvements in areas such as reasoning and coding capabilities compared to its predecessor, with benchmark tests showing enhanced performance across multiple technical metrics published on Hugging Face.
DeepSeek has rapidly emerged as a notable player in the global AI landscape in recent months, releasing a series of models that compete with Western counterparts while offering lower operational costs.
The company launched its V3 model in December, followed by the release of its R1 model in January.



China’s Xi Lauds AI Progress, Meets BRICs Bank on Shanghai Visit 

Chinese President Xi Jinping waves as he arrives for a two-day state visit, at Hanoi's Noi Bai International Airport, Vietnam, April 14, 2025. (Reuters)
Chinese President Xi Jinping waves as he arrives for a two-day state visit, at Hanoi's Noi Bai International Airport, Vietnam, April 14, 2025. (Reuters)
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China’s Xi Lauds AI Progress, Meets BRICs Bank on Shanghai Visit 

Chinese President Xi Jinping waves as he arrives for a two-day state visit, at Hanoi's Noi Bai International Airport, Vietnam, April 14, 2025. (Reuters)
Chinese President Xi Jinping waves as he arrives for a two-day state visit, at Hanoi's Noi Bai International Airport, Vietnam, April 14, 2025. (Reuters)

China's President Xi Jinping urged Shanghai to accelerate efforts to turn itself into a technological and innovation hub with global influence as he made his first visit to the city since November 2023, state news agency Xinhua reported.

Xi said that Shanghai, China's main international financial hub, should strive to be at the forefront of artificial intelligence (AI) development and governance, the report added.

The Shanghai visit comes at a time when the trade war with the United States has raised the stakes for global economic growth, and as China pushes forward with AI development in the wake of DeepSeek.

Xi urged the city to expand its exploration of AI models and said more supportive policies for the technology should be rolled out, as he visited an incubation lab for AI startups and tried on a set of smart glasses, the report said.

The Chinese president also visited the Shanghai-based New Development Bank, a multilateral bank of BRICS member nations, and met its president, former Brazilian President Dilma Rousseff, Xinhua said.