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

PBOC to Issue Renminbi Bills via Hong Kong Monetary Authority's Central Moneymarkets Unit

The People's Bank of China is set to issue Renminbi Bills through the Central Moneymarkets Unit of the Hong Kong Monetary Authority.

by James Ding
Sep 19, 2024

deepseek

Hong Kong Monetary Authority to Issue Renminbi Sovereign Bonds

HKMA announces issuance of Renminbi Sovereign Bonds through its Central Moneymarkets Unit.

by Felix Pinkston
May 31, 2024

deepseek

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan, for housing provident fund loans.

by Luisa Crawford
Jun 20, 2023

deepseek

Chinese Authorities Wants McDonald's to Expand its Digital Yuan Acceptance

Chinese authorities are reportedly mounting pressure on McDonald’s as well as other American firms to expand their acceptance of the e-CNY

by Godfrey Benjamin
Oct 21, 2021

DEEPSEEK

PBOC to Issue Renminbi Bills via Hong Kong Monetary Authority's Central Moneymarkets Unit

Hong Kong Monetary Authority to Issue Renminbi Sovereign Bonds

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

Chinese Authorities Wants McDonald's to Expand its Digital Yuan Acceptance

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