DeepSeek-R1-0528 is here, and this latest iteration is generating almost as much stir as the initial open-source R1 reasoning model did in January. The Chinese startup, owned by quantitative analysis firm High-Flyer Capital, is touted by one media outlet as “near parity in reasoning capabilities with proprietary paid models such as OpenAI’s o3 and Google Gemini 2.5 Pro.” Promised are stronger capabilities in complex reasoning centered on math, science, business and coding, along with improved features for developers and researchers. As with the earlier release, the DeepSeek-R1-0528 is available under the MIT License, which supports commercial use and allows customization. Continue reading DeepSeek’s New Update Heightens Rivalry with U.S. AI Firms