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China’s DeepSeek unveils faster AI model with domestic chip support

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China’s DeepSeek unveils faster AI model with domestic chip support

AI Summary

Chinese AI startup DeepSeek has upgraded its V3 model to V3.1, boasting faster processing and optimization for Chinese-made chips. This move aligns with China's push for technological independence amid US export restrictions. DeepSeek's models, known for competing with Western counterparts like ChatGPT at lower costs, now feature FP8 precision for enhanced efficiency and a hybrid inference structure with switchable reasoning modes. The updated model is available via DeepSeek's app and web platform, with API pricing adjustments coming in September.

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