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DEEPSEEK

DeepSeek is an AI company and a family of large language models based in Hangzhou, China. It was founded in 2023 and funded by High-Flyer, a well - known quantitative asset management giant. DeepSeek is dedicated to developing advanced large language models and related technologies. It has released several models, including DeepSeek LLM, DeepSeek Coder, DeepSeekMath, and DeepSeek - VL. The latest version, DeepSeek - V3, which was launched in December 2024, has 67.1 billion parameters and was trained on a dataset of 14.8 trillion tokens. It uses FP8 training and open - sources the native FP8 weights. Benchmark tests show that it outperforms Llama 3.1 and Qwen 2.5 while matching GPT - 4O and Claude 3.5 Sonnet. In addition, DeepSeek - R1, which was officially released on January 20, 2025, performs on a par with OpenAI O1 in terms of mathematics, code, and natural language reasoning tasks. DeepSeek's models have a wide range of applications, such as chat and coding scenarios, multilingual automatic translation, image generation, and AI painting. With their high performance and low cost, DeepSeek's models have quickly gained popularity. For example, on February 2, 2025, the DeepSeek app climbed to the top of the download charts in 140 countries on the Apple App Store and also topped the Android Play Store in the United States

deepseek

Visa Announces $100 Million Fund for Generative AI in Commerce and Payments

Visa Inc. has announced a $100 million fund to invest in generative AI technologies that are relevant to commerce and payments. The initiative, led by Visa Ventures, aims to foster innovation in the rapidly evolving field of artificial intelligence.

by Rebeca Moen
Oct 04, 2023

deepseek

JPMorgan Partners with DBS Group and Temasek to Develop Blockchain-Powered Trade Platform

JPMorgan has partnered with DBS Group Holdings and Singapore-based investment company Temasek to create a blockchain-enabled foreign exchange platform.

by Brian Njuguna
Apr 29, 2021

deepseek

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook has expanded its fintech horizons and announced the launch of a new product group dedicated to payments purposes.

by Shine Li
Aug 11, 2020

deepseek

Bitpay Now Supports Binance's Stablecoin For Global Payments

Binance and Bitpay have partnered to enable consumers and merchants to access Binance stablecoin.

by Nicholas Otieno
Apr 29, 2020

DEEPSEEK

Visa Announces $100 Million Fund for Generative AI in Commerce and Payments

JPMorgan Partners with DBS Group and Temasek to Develop Blockchain-Powered Trade Platform

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Bitpay Now Supports Binance's Stablecoin For Global Payments

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