DeepSeek’s first reasoning model R1-Lite-Preview turns heads, beating OpenAI o1 performance

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DeepSeek, an AI offshoot of Chinese quantitative hedge fund High-Flyer Capital Management focused on releasing high-performance open-source tech, has unveiled the R1-Lite-Preview, its latest reasoning-focused large language model (LLM), available for now exclusively through DeepSeek Chat, its web-based AI chatbot.

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