DeepSeek rushes to launch new AI model: Reuters

Chinese startup DeepSeek 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, Reuters reported on Wednesday.

The company had planned to release R2 in early May but now wants it out as early as possible, two of them said, without providing specifics, according to Reuters, adding that DeepSeek says it hopes the new model will produce better coding and be able to reason in languages beyond English.

(With input from Reuters)