April 27, 2026 3:17 PM

DeepSeek’s new AI model does not wow markets in fast-changing industry

Market reaction to DeepSeek's preview of its long-awaited next-generation artificial intelligence model has so far been subdued compared with the Chinese startup's outsized global breakthrough last year after the launch of its low-cost AI models. The release and overseas reception of DeepSeek-V3 and R1, which the Hangzhou-based company said were trained with a fraction of the computing power used by U.S. rivals, triggered a global tech share selloff as investors questioned the logic behind mass...

April 24, 2026 4:57 PM

FM Sitharaman warns of ‘unprecedented’ AI risks, urges banks to bolster cyber defences

Finance Minister Nirmala Sitharaman on Friday said that Indian banks are adequately prepared to deal with emerging technology-related challenges, even as she raised fresh concerns over risks linked to a new artificial intelligence model developed by Anthropic. Speaking to reporters, FM Sitharaman noted that India is closely monitoring the potential threats posed by Anthropic’s Mythos AI model, which has drawn global attention for its advanced capabilities. The remarks came after Sitharaman c...

April 24, 2026 4:15 PM

After call from Beijing, China’s auto industry races to embed AI in just about everything

It took China 25 years to dominate the market for electric vehicles. Now, the country's auto industry is hurtling toward the next disruption: Embedding artificial intelligence in cars that will make the next generation of EVs not just network-connected, but self-reasoning machines running on Chinese chips and software. China's most recent five-year plan released earlier this year presented a blueprint for "AI Plus," a national project to embed AI systems into manufacturing, healthcare and almo...

March 19, 2026 10:15 AM

Mystery AI model suspected to be DeepSeek V4 is revealed to be from Xiaomi

A powerful artificial intelligence model that appeared anonymously on a developer platform last week was revealed on Wednesday to be from Chinese smartphone and EV giant Xiaomi, after it fueled speculation that startup DeepSeek was quietly testing its next-generation system ahead of a launch. The release of DeepSeek's low-cost models DeepSeek-V3 and R1 triggered a global tech stock selloff last year, causing investors to question whether U.S. AI firms needed to spend billions of dollars on AI c...

March 18, 2026 1:17 PM

A mystery AI model has developers buzzing: Is this DeepSeek’s latest blockbuster?

A powerful artificial intelligence model that appeared anonymously on a developer platform last week has sparked speculation that Chinese startup DeepSeek may be quietly testing its next-generation system ahead of an official launch. The free model, called Hunter Alpha, surfaced on the AI gateway platform OpenRouter on March 11 without any developer attribution and was later described by the platform as a "stealth model." During tests conducted by Reuters, the Hunter Alpha chatbot described it...

February 5, 2026 9:18 PM

Bharat GenAI text models in all 22 scheduled languages to be completed this month: Jitendra Singh

Union Minister of State (Independent Charge) for Science and Technology Dr. Jitendra Singh on Thursday informed the Rajya Sabha that text-based artificial intelligence models under the Bharat GenAI initiative will be completed in all 22 Constitutionally recognised Indian languages within this month. Replying to a starred question during Question Hour, the Minister said speech and vision capabilities under the programme have already been developed in 15 Indian languages and will be expanded furt...

September 29, 2025 6:06 PM

China’s DeepSeek releases ‘intermediate’ AI model on route to next generation

Chinese AI developer DeepSeek has released its "experimental" latest model, which it said was more efficient to train and better at processing long sequences of text than previous iterations of its large language models. The Hangzhou-based company called DeepSeek-V3.2-Exp an "intermediate step toward our next-generation architecture" in a post on developer forum Hugging Face. That architecture will likely be DeepSeek's most important product release since V3 and R1 shocked Silicon Valley and t...

September 19, 2025 10:04 AM

China’s DeepSeek says its hit AI model cost just $294,000 to train

Chinese AI developer DeepSeek said it spent $294,000 on training its R1 model, much lower than figures reported for U.S. rivals, in a paper that is likely to reignite debate over Beijing's place in the race to develop artificial intelligence. The rare update from the Hangzhou-based company - the first estimate it has released of R1's training costs - appeared in a peer-reviewed article in the academic journal Nature published on Wednesday. DeepSeek's release of what it said were lower-cost AI ...