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China’s DeepSeek releases upgraded R1 AI model in OpenAI competition newsthirst.

Deepseek’s logo on Jan. 29, 2025. Andrey Rudakov | Bloomberg | Getty Images Chinese startup DeepSeek, which caused shockwaves across markets this year, quietly released an upgraded version of its artificial intelligence reasoning model. The company did not make an official announcement, but the upgrade of DeepSeek R1 was released on AI model repository Hugging…

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Nvidia warns of competition from China’s Huawei, despite U.S. sanctions newsthirst.

BEIJING — Chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company. In an annual filing Wednesday, Nvidia listed Huawei among its current competitors, including it in the list for a second straight year. The company, blacklisted by the U.S. for national security reasons, did not feature among…

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Elon Musk’s xAI launches Grok 3 model amid tight AI competition newsthirst.

Muhammed Selim Korkutata | Anadolu | Getty Images Elon Musk’s xAI on Tuesday unveiled its latest artificial intelligence model, Grok 3, claiming it can outperform offerings from OpenAI and China’s DeepSeek based on early testing, which included standardized tests on math, science and coding.  “We’re very excited to present Grok 3, which is, we think,…

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