From DeepSeek to Doubao 2.0: China’s AI giants gear up for Spring Festival showdown

As China prepares for Lunar New Year holidays starting on Sunday, rivals to DeepSeek are scrambling to release artificial-intelligence models a year after it burst onto the scene with its game-changing R1 and V3 models.

With DeepSeek set to launch its next-generation V4 model soon, according to tech news site The Information, many other Chinese AI firms have released or are preparing to launch their own models in the hopes of stealing the spotlight – or at least avoid being off-guard again during this year’s Spring Festival.