DeepSeek said it has upgraded the R1 artificial intelligence model that helped propel the Chinese startup to global prominence at the start of this year.<\/p>\n\n\n\n
The company completed what it described as a \u201cminor trial upgrade\u201d and is allowing users to start testing it, it said in an official WeChat group on Wednesday. <\/p>\n\n\n\n
Details of the upgrade weren\u2019t provided and the company didn\u2019t respond to an email seeking further comment.<\/p>\n\n\n\n
The Hangzhou-based startup\u00a0stunned the global tech industry\u00a0in January when it unveiled the original R1, a reasoning AI model that outperformed Western players on several standardised metrics, purportedly at a cost of just several million dollars. <\/p>\n\n\n\n
It\u00a0triggered\u00a0a reconsideration of heavy investments in acquiring AI computational resources and a flurry of new model introductions from Chinese players from Alibaba Group Holding to\u00a0Zhipu AI.<\/p>\n\n\n\n
\u201cThe fast pace of model releases and updates since the release of DeepSeek R1 has resulted in some \u2018model fatigue\u2019 among investors,\u201d said Gary Tan, portfolio manager at Allspring Global Investments. <\/p>\n\n\n\n
\u201cUntil there is a breakthrough in the model, investors are turning their focus on which internet companies can integrate AI into their operations and create a killer application.\u201d<\/p>\n\n\n\n
The debut of R1 turned DeepSeek founder Liang Wenfeng into a tech celebrity and a symbol of China\u2019s ability to compete with the best of Silicon Valley. <\/p>\n\n\n\n
In February, President Xi Jinping invited Liang to a high-profile gathering with some of the country\u2019s most prominent entrepreneurs. <\/p>\n\n\n\n
The young founder was seated among the likes of Alibaba co-founder Jack Ma and Tencent Holdings’ Pony Ma.<\/p>\n\n\n\n
DeepSeek\u2019s upgrade was announced hours before the latest financial report from Nvidia, the leading maker of AI chips whose shares were pummeled in the immediate wake of R1\u2019s release. <\/p>\n\n\n\n
Nvidia\u2019s fortunes have recovered since, as AI data center investment has continued at a strong pace, and the US company offered a solid forecast for the\u00a0current quarter.<\/p>\n\n\n\n
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