DeepSeek is just one of many Chinese companies working on AI to make China the world leader in the field by 2030.

TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI models capable of tackling complex problems.

Two days after the release of DeepSeek-R1, TikTok owner ByteDance released an update to its flagship AI model, which it claimed outperformed Microsoft-backed OpenAI's o1 in AIME, a benchmark test that measures how well AI models understand and respond to complex instructions.

Meta and other AI competitors are facing challenges from China's DeepSeek as its new AI model outperforms competitors at lower costs.

Aravind Srinivas, CEO of Perplexity AI, is shaping AI and tech, leading a TikTok-ByteDance merger while facing U.S. Green Card delays.

When Chinese quant hedge fund founder Liang Wenfeng went into AI research, he took 10,000 Nvidia chips and assembled a team of young, ambitious talent. Two years later, DeepSeek exploded on the scene.

DeepSeek, now with models that rival the best of the West, has set the stage for a global war in AI inference pricing that is only now becoming clear to the world.

DeepSeek, an AI platform founded by Liang Wenfeng, surpasses ChatGPT as the most downloaded free app in the U.S., impacting major technology stocks. F

China’s growing influence in AI is evident as companies like DeepSeek, Alibaba, and Moonshot AI are challenging the traditional dominance of US tech giants

Perplexity AI made changes to its merger proposal with ByteDance, the parent company of TikTok, on Sunday.  TakeAway Points: Perplexity AI revised the merger proposal it had submitted to TikTok parent ByteDance.

ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.