More than one year after DeepSeek’s R1 wiped nearly $600 billion off Nvidia market value in single day, Chinese startup planning another launch

DeepSeek, the Chinese AI startup that wiped nearly $600 billion off Nvidia’s market value in a single day with launch of its R1 model, is reportedly ready for the unveiling of its next AI model. According to a report by The Financial Times, the company is preparing to launch its next major model, V4, as early as next week. The report says that the release marks a high-stakes moment for China’s tech industry as it tries to prove yet again that it can keep pace with US giants despite strict American limits on high-end computer chips.

What is DeepSeek V4 and it may be ‘problem’ for US companies