BEIJING : TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest reasoning model products, as a global race intensified to create AI models capable of tackling complex problems. The company released Doubao-1.5-pro, an upgrade

Chinese AI startup DeepSeek has announced the DeepSeek-R1, an open-source reasoning AI model comparable to OpenAI’s o1 in performance at a fraction of the latter’s cost.

An anonymous reader quotes a report from Ars Technica: On Monday, Chinese AI lab DeepSeek released its new R1 model family under an open MIT license, with its largest version containing 671 billion parameters. The company claims the model performs at levels comparable to OpenAI's o1 simulated reason...