When Chinese artificial intelligence start-up DeepSeek unveiled an updated foundational model late in August, investors in Nvidia were stunned. Shares of the US chip giant slid, as market watchers grappled with news that the two-year-old start-up, which has developed models rivalling the world’s best, was shifting towards supporting domestically produced chips. Adding to their concerns,…
The Hangzhou-based start-up’s updated model, which supports an innovative data format called UE8M0 FP8, was “ushering in a booming domestic computing power chain”, Huatai Securities analysts said in a research note on Tuesday. That architecture showed that the synergy between mainland-designed software and chips would realise significant results, according to the report. FP8, known as…
The Hangzhou-based start-up’s cryptic one-line post on WeChat triggered online discussions about which AI chip supplier, or suppliers, would unveil this breakthrough, even as US tech restrictions remain in place. DeepSeek’s post on Thursday said the “UE8M0 FP8 scale” of its V3.1 AI model was particularly designed “for home-grown chips to be released soon”. Apart…
Shanghai will host its eighth annual flagship artificial intelligence (AI) conference this weekend as China ramps up competition against the US for supremacy in the fast-developing technology. The three-day World Artificial Intelligence Conference (WAIC), with the theme of “Global Solidarity in the AI Era”, will kick off on Saturday with an opening keynote from Premier…