China's DeepSeek on Friday released a new AI model with "drastically reduced" costs that it said was capable of processing extra-long texts to help it complete tasks. The company caused shockwaves last year after it revealed a reasoning model that upended assumptions of US dominance in the sector.
Issued on: 24/04/2026 - 06:39
Modified: 24/04/2026 - 08:22
Chinese startup DeepSeek released a new artificial intelligence model with "drastically reduced" costs Friday, more than a year after it stunned the world with a low-cost reasoning model that matched the capabilities of US rivals.
The AI race has intensified the rivalry between China and the United States, and the White House on Thursday accused Chinese entities of a massive effort to steal artificial intelligence technology.
