On Monday, Chinese AI lab DeepSeek released its new R1 model family under an open MIT license, with its largest version containing 671 billion parameters. The company claims the model performs at levels comparable to OpenAI's o1 simulated reasoning (SR) model on several math and coding benchmarks.

China startup DeepSeek just released the first Open Source Reasoning Model that matched the OpenAI o1 reasoning model. OpenAI was charging $200 per

OpenAI, SoftBank and Oracle CEOs join the new president for White House launch of private sector joint venture Stargate.

Sarah Friar, Chief Financial Officer of OpenAI warned that there is strong competition in the development of AI coming from China, recognizing the economic and security benefits of the emerging technology.

OpenAI, the company behind ChatGPT, has released its "Economic Blueprint" for AI to outcompete China, boost economic prosperity and benefit U.S. education.

Oracle, OpenAI, and investors in Japan and the UAE have launched a $100 billion effort to build data centers to run AI applications, an indication of how the U.S.-China race for artificial intelligence is beginning to turn on sheer computing power instead of clever programming.

DeepSeek has released an open version of its 'reasoning' AI model, DeepSeek-R1, that it claims performs as well as OpenAI's o1 on certain benchmarks.

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.

Microsoft has revised key terms in its deal with OpenAI following the latter's joint venture with Oracle and SoftBank to build $500 billion of AI data centers in the US. The initiative, called Stargate,