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DeepSeek accelerates to launch next-gen AI model as China goes all in

Binu Mathew
By Binu MathewFebruary 26, 2025

DeepSeek is looking to press home its advantage.

The Chinese startup triggered a $1 trillion-plus sell-off in global equities markets last month with a cut-price AI reasoning model that outperformed many Western competitors.

Now, the Hangzhou-based firm is accelerating the launch of the successor to January’s R1 model, according to three people familiar with the company.

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