Chinese AI startup DeepSeek has launched a major upgrade to its V3 large language model, DeepSeek-V3-0324, marking a significant step in its rivalry with U.S. tech giants such as OpenAI and Anthropic. The new model, available through the AI development platform Hugging Face, showcases notable improvements in reasoning and coding abilities, setting a new benchmark for performance in the AI space.
Benchmark tests indicate that the V3 model has outperformed its predecessor across multiple technical metrics, solidifying DeepSeek’s growing presence in the competitive AI market. DeepSeek, which has quickly become a key player in the global AI landscape, has been pushing forward with a series of model releases, including the V3 launch in December and the R1 model earlier in January.
The company’s rise is seen as part of a broader trend where Chinese AI firms are intensifying competition with Western companies, offering similar capabilities at lower operational costs. DeepSeek’s rapid development positions it as a formidable contender in the global AI race.
