China's DeepSeek reveales updated AI model as OpenAI rivalry intensifies - Reuters [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
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Source: Yahoo! Finance
industry leaders like ChatGPT-maker OpenAI and Anthropic, Reuters reported on Tuesday. The newest version of the offering, DeepSeek-V3-0324, has become available through the AI development platform Hugging Face, the news agency said. Reuters added that benchmark metrics on Hugging Face show that the model has displayed significant improvements in key areas like reasoning and coding when compared to its predecessor. DeepSeek, which launched its V3 model in December and R1 offering in January, has emerged as a provider of competitive alternatives to Western AI counterparts at a fraction of the cost. Silicon Valley executives and U.S. tech firm engineers have praised the V3 and R1 for delivering performance on par with OpenAI and Fa
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