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DeepSeek rushes to launch new AI model as China goes all in


DeepSeek is looking to press home its advantage. The Chinese startup triggered a $1 trillion-plus sell-off in global equities markets last month with a cut-price AI reasoning model that outperformed many Western competitors.

Now, the Hangzhou-based firm is accelerating the launch of the successor to January’s R1 model, according to three people familiar with the company.

Deepseek had planned to release R2 in early May but now wants it out as early as possible, two of them said, without providing specifics.

The company says it hopes the new model…



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by The Economic Times

IBM said Tuesday that it planned to cut thousands of workers as it shifts its focus to higher-growth businesses in artificial intelligence consulting and software. The company did not specify how many workers would be affected, but said in a statement the layoffs would “impact a low single-digit percentage of our global workforce.” The company had 270,000 employees at the end of last year. The number of workers in the United States is expected to remain flat despite some cuts, a spokesperson added in the statement. A massive supplier of technology to… Source link

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by The Economic Times

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by Techcrunch

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