This release has become a fitting reminder to the world of the Chinese AI company's focus on innovation to gain an edge in this rapidly evolving industry, especially during the peak Christmas holiday season.
It was around this time last year that DeepSeek started gaining widespread attention just days after releasing its namesake Large Language Model (LLM). DeepSeek-V3. A few weeks later, on January 20th, the inference model Deep Seek-R1 Released.
The two models outperformed or matched the performance of rival models in various industry benchmark tests. It was also built at a fraction of the cost and computing power that major US technology companies invest in building LLMs. As a result, the massive selloff on January 27 wiped out nearly $1 trillion, including $600 billion in tech stocks. Nvidia Alone.
Analysts expect the momentum for Chinese AI companies to continue this year, thanks to policy support from the Chinese government, improving financing prospects, greater adoption of AI systems across industries, and increased talent being hired for innovative projects.
A co-founder of a domestic AI startup, speaking on condition of anonymity, predicted that China will overtake the United States and become “the world's leading AI power in 2027.” According to the co-founders, China's advantage lies in its rich talent pool.
In his New Year's address, the Chinese president said, Xi Jinping It points out that while “many large AI models are competing for the top spot” in the domestic market, new breakthroughs are being achieved in the domestic market. semiconductor development. All this has made China “one of the fastest-growing economies with the ability to innovate,” Xi said.
