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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

Andreessen Horowitz (a16z) Updates on Investment Portfolio

Andreessen Horowitz (a16z) releases updates on its investment portfolio, highlighting past and current investments, acquisitions, and public offerings.

by Lawrence Jengar
Aug 17, 2024

deepseek

Digital Asset Fund Inflows Reach $1.35 Billion Amid Positive Market Sentiment

Digital asset investment products saw inflows of $1.35 billion last week, with Bitcoin leading the charge, according to CoinShares.

by Caroline Bishop
Jul 22, 2024

deepseek

Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

Riot Platforms, Inc. acquires a 14% stake in Bitfarms Ltd., increasing its holdings and planning to influence corporate governance.

by Lawrence Jengar
Jun 14, 2024

deepseek

Linea LEIA Unveils First Seven Investments to Boost Web3 Innovations

LEIA announces inaugural investments targeting DeFi, Social, and Gaming sectors.

by Joerg Hiller
Jun 11, 2024

deepseek

Elon Musk Plans to Launch AI Startup to Compete with OpenAI

Elon Musk is reportedly assembling a team of AI researchers and engineers to launch an AI startup to compete with OpenAI. Musk is said to be in talks with existing investors from SpaceX and Tesla for investment in the new venture. In addition, Musk has recently incorporated a company named X (X.AI) and changed the name of Twitter to "X Corp" as part of his plans to create an "everything app" under the "X" brand. Meanwhile, Amazon Web Services (AWS) has launched the Bedrock initiative to allow its users to build generative AI from foundation models.

by Rebeca Moen
Apr 17, 2023

deepseek

South Korea Invests in Metaverse Fund for Economic Growth

The South Korean government has invested 24 billion Korean won ($18.1 million) in a fund dedicated to driving metaverse initiatives in the country, with a total fund of more than 40 billion Korean won ($30.2 million). The Metaverse Fund will support the mergers and acquisitions of various firms in the metaverse ecosystem and help domestic metaverse-related companies compete with global players, as the government sees the metaverse as a new economic growth engine.