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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

AVAX Surges on Billion-Dollar Investment Plan Post-SPAC

Avalanche's native token reached multi-week highs due to increased institutional interest, highlighted by a treasury firm planning a billion-dollar acquisition following a successful SPAC transaction.

by Lawrence Jengar
Oct 02, 2025

deepseek

Web3 Startup Funding Drops 82 percents YoY

VC funding for Web3 start-ups decreased by 82% YoY in Q1 2023, dropping to $1.7 billion. The number of big funding rounds hitting nine figures almost completely dried up over the past year. The decline in Web3 funding is attributed to investors opting for a risk-off approach and seeking opportunities in industries they know best.

by Luisa Crawford
Apr 23, 2023

deepseek

Moelis Investment Bank Launches Blockchain Firm for Crypto Venture Deals

Moelis bank has created a new group to target venture deals into firms across blockchain and crypto industry.

by Nicholas Otieno
Jul 26, 2022

DEEPSEEK

AVAX Surges on Billion-Dollar Investment Plan Post-SPAC

Web3 Startup Funding Drops 82 percents YoY

Moelis Investment Bank Launches Blockchain Firm for Crypto Venture Deals

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