DeepSeek (DSK) Launches V4 Model Following R1's Market Impact

Chinese AI startup DeepSeek (DSK) released a preview of its V4 large language model, an upgrade from the R1 model released over a year ago. The V4 model is open-source and offers 'pro' and 'flash' versions, targeting agent tasks and processing at reportedly lower inference costs. DeepSeek's previous model, the R1, was developed in two months for under $6 million, raising questions about traditional AI spending. Analysts suggest V4 may not have the same market impact due to already established competitiveness in Chinese AI, as more domestic competitors like Alibaba and ByteDance emerge.