China's DeepSeek ups AI stakes as R2 rumours fly fast
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Amid tariff turfs, China is rumoured to advance its supremacy in artificial intelligence (AI) model race by releasing DeepSeek R2 , the second version of reasoning model which shook US stock markets in February.According to some reports in the Chinese media, DeepSeek R2, expected to be released this week, will be 97.3% cheaper than OpenAI's GPT-4o model and 100% trained on Huawei's Ascend 910B GPU cluster, establishing China's independence from American AI chips. Here's a look at what it will mean for the AI ecosystemIf the model performs on a par with competitors on global benchmarks, DeepSeek could establish Huawei as the first serious competitor to NVIDIA, market watchers wrote on X. The previous model released by the Hangzhou, China-based AI startup had wiped off $1.5 trillion off US stock markets, tumbling stocks of tech giants like NVIDIA, Alphabet and Microsoft.Meanwhile, Meta, which has been an open-source category leader until now is also expected to lose market share with DeepSeek also offering its models free-to-access. This comes at a time when OpenAI is also looking to release its first open-source model soon.In terms of size, DeepSeek R2 will be comparable to OpenAI's largest model so far GPT 4.5 code-named Orion with 1.8 trillion parameters. Meanwhile, DeepSeek R2 is expected to have 1.2 trillion parameters trained on 5.2 petabytes of training data.The pricing for consuming the model through APIs is expected to be $0.7 per million input tokens and $0.27 per million output tokens, which is 97.3% cheaper than OpenAI.
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Time of India
27 minutes ago
- Time of India
When will Apple's new OS updates be available to everyone & what are the top 10 upgrades?
Apple on Monday announced at its annual Worldwide Developers Conference that its latest operating system updates will be released as developer betas starting today, with public beta versions arriving next month. The full rollout for all users is scheduled for this fall. Apple, during its event said it will open up the underlying technology it uses for Apple Intelligence and announced an overhaul of its operating systems. Apple software chief Craig Federighi said the company is opening up the foundational AI model that it uses for some of its own features to third-party developers. 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Shares of Apple, which were flat before the conference, slipped 1.5% after executives took the stage in Cupertino, California. Federighi also said Apple plans a design overhaul of all of its operating systems. Apple's redesign of its operating systems centered on a design it calls "liquid glass" where icons and menus are partially transparent, a step Apple executives said was possible because of the more powerful custom chips in Apple devices versus a decade ago. Federighi said the new design will span operating systems for iPhones, Macs and other Apple products. He also said Apple's operating systems will be given year names instead of sequential numbers for each version. That will unify naming conventions that have become confusing because Apple's core operating systems for phones, watches and other devices kicked off at different times, resulting in a smattering of differently numbered operating systems for different products. 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Time of India
27 minutes ago
- Time of India
Apple iPhone users will have Call Screening, live translation to phone calls. Check latest features, how to use
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Time of India
40 minutes ago
- Time of India
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Frank Eckard, CEO of a German magnet maker, has been fielding a flood of calls in recent weeks. Exasperated automakers and parts suppliers have been desperate to find alternative sources of magnets, which are in short supply due to Chinese export curbs. Some told Eckard their factories could be idled by mid-July without backup magnet supplies. "The whole car industry is in full panic," said Eckard, CEO of Magnosphere, based in Troisdorf, Germany. "They are willing to pay any price." Car executives have once again been driven into their war rooms, concerned that China's tight export controls on rare-earth magnets - crucially needed to make cars - could cripple production. U.S. President Donald Trump said Friday that Chinese President Xi Jinping agreed to let rare earths minerals and magnets flow to the United States. 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The average electric vehicle uses about .5 kg (just over 1 pound) of rare earths elements, and a fossil-fuel car uses just half that, according to the International Energy Agency. China has clamped down before, including in a 2010 dispute with Japan, during which it curbed rare-earths exports. Japan had to find alternative suppliers, and by 2018, China accounted for only 58% of its rare earth imports. "China has had a rare-earth card to play whenever they wanted to," said Mark Smith, CEO of mining company NioCorp, which is developing a rare-earth project in Nebraska scheduled to start production within three years. Across the industry, automakers have been trying to wean off China for rare-earth magnets, or even develop magnets that do not need those elements. But most efforts are years away from the scale needed. "It's really about identifying ... and finding alternative solutions" outside China, Joseph Palmieri, head of supply chain management at supplier Aptiv, said at a conference in Detroit last week. Automakers including General Motors and BMW and major suppliers such as ZF and BorgWarner are working on motors with low-to-zero rare-earth content, but few have managed to scale production enough to cut costs. The EU has launched initiatives including the Critical Raw Materials Act to boost European rare-earth sources. But it has not moved fast enough, said Noah Barkin, a senior advisor at Rhodium Group, a China-focused U.S. think tank. Even players that have developed marketable products struggle to compete with Chinese producers on price. David Bender, co-head of German metal specialist Heraeus' magnet recycling business, said it is only operating at 1% capacity and will have to close next year if sales do not increase. Minneapolis-based Niron has developed rare-earth free magnets and has raised more than $250 million from investors including GM, Stellantis and auto supplier Magna. "We've seen a step change in interest from investors and customers" since China's export controls took effect, CEO Jonathan Rowntree said. It is planning a $1 billion plant scheduled to start production in 2029. England-based Warwick Acoustics has developed rare-earth-free speakers expected to appear in a luxury car later this year. CEO Mike Grant said the company has been in talks with another dozen automakers, although the speakers are not expected to be available in mainstream models for about five years. As auto companies scout longer-term solutions, they are left scrambling to avert imminent factory shutdowns. Automakers must figure out which of their suppliers - and smaller ones a few links up the supply chain - need export permits. Mercedes-Benz, for example, is talking to suppliers about building rare-earth stockpiles. Analysts said the constraints could force automakers to make cars without certain parts and park them until they become available, as GM and others did during the semiconductor crisis. Automakers' reliance on China does not end with rare earth elements. A 2024 European Commission report said China controls more than 50% of global supply of 19 key raw materials, including manganese, graphite and aluminum. Andy Leyland, co-founder of supply chain specialist SC Insights, said any of those elements could be used as leverage by China. "This just is a warning shot," he said.
