Latest news with #HunyuanT1
Mint
21-04-2025
- Business
- Mint
DeepSeek's AI surprised the world. China's universities are the talent source.
In the global contest for artificial intelligence supremacy, the U.S. and China are often portrayed as the primary contenders. While the U.S. maintains a lead in AI innovation, China is rapidly closing the gap, driven by a surge in research output, substantial investments, and strategic governmental policies. 'It is not surprising that China now competes closely with the U.S. for leadership in AI talent. It trains by far a larger number of engineers and computer scientists than the U.S., although the U.S. still has an edge in attracting the best global talent, including from China," said Victor Shih, director of the 21st Century China Center at the University of California, San Diego. 'For now, the capital market for start-ups in the U.S. still functions much better than in China, but if the current turmoil turns into a prolonged recession, that advantage will be eroded," he told Barron's. China leads globally in the number of AI-related publications and patents, according to Stanford University's 2025 AI Index. This great leap is bolstered by significant government support and a strategic vision aiming for tech self-sufficiency. A pivotal moment in China's AI trajectory was the emergence of DeepSeek's R1 model, which rivals top U.S. models despite limited access to advanced computing resources—particularly semiconductor chips—due to U.S. export restrictions. DeepSeek's success intensified domestic competition—tech giants in China and start-ups tied to China's elite universities are vying for dominance in the sector. The landscape is characterized by fierce competition among established tech conglomerates—often referred to as the 'BAT" trio: Baidu, Alibaba Group Holding, and Tencent Holding—and a new wave of dynamic start-ups. Companies like Zhipu AI, MiniMax, and Moonshot AI have rapidly gained prominence, earning the nickname 'AI Tigers" from investors. These start-ups aren't only innovating at breakneck speed but are also attracting substantial investments, signaling a robust and competitive ecosystem. Tencent, for instance, has upgraded its Hunyuan T1 model to compete with DeepSeek and Alibaba. Baidu has launched new models, ERNIE 4.5 and ERNIE X1, which it plans to integrate into China's most popular search engine. This internal competition is further amplified by the open-source approach adopted by many Chinese firms. While open-sourcing AI models fosters collaboration and accelerates innovation, it also raises questions about revenue generation and potential exploitation by international competitors. Chinese universities have become pivotal to the nation's AI advancement, significantly contributing to research output and talent cultivation. Recent data place Peking University, Tsinghua University, and Zhejiang University at the top of the charts in AI research publications. Notably, Peking University has topped global lists of institutions ranked by AI research output since 2022, according to AIRankings. Peking University's AI institute said it referred requests for comment to professors, though none replied. Tsinghua University and Zhejiang University didn't respond to requests for comment. The success of AI start-ups like DeepSeek can be attributed, in part, to the robust talent pool emerging from these universities. DeepSeek's founder, Liang Wenfeng, is a graduate of Zhejiang University, and the company's team comprises young scientists, many of whom are fresh graduates from institutions such as Tsinghua and Peking University. This collaboration between academia and industry facilitates a seamless transition from cutting-edge research to real-world AI applications. 'When I was at Beida [Peking University], AI students were leaving or finishing their coursework to start companies—you'd hear about something new like every week," said James Liu, who is now pursuing a doctorate at MIT after receiving his bachelor's degree in China. Despite these advancements, China's AI sector faces significant challenges. U.S. export restrictions have limited China's ability to procure high-end AI chips, compelling domestic companies to seek alternatives and innovate with available resources. This constraint has spurred efforts to develop indigenous chip-making capabilities, but achieving parity with global leaders remains formidable. Moreover, the intense domestic competition necessitates strategic collaborations and a focus on niche areas to differentiate offerings. Companies are increasingly forming partnerships, both domestically and internationally, to leverage complementary strengths and navigate the complex AI landscape. Zhu Songchun—arguably the most renowned figure in the Chinese AI world—returned to China from the University of California, Los Angeles, in 2020 to head Peking University's Institute for Artificial Intelligence and its School of Intelligence Science and Technology. At a recent conference in Beijing, his keynote address summarized the zeitgeist. 'Creating world-class technology through Chinese thinking is our goal and our responsibility," he said. 'China is fully capable of taking the initiative in the era of general AI." Write to editors@
Yahoo
27-03-2025
- Business
- Yahoo
monday.com Ltd. (MNDY) AI Edge Keeps It a Buy, Even With Price Target Cut
We recently published a list of the Top 10 AI Stocks on Investors' Radar. In this article, we are going to take a look at where Ltd. (NASDAQ:MNDY) stands against other AI stocks that are on investors' radar. China's artificial intelligence sector is evolving into a fiercely contested arena. It hasn't been long since artificial intelligence startup DeepSeek introduced its low-cost yet efficient AI models, shaking up the tech world. Ever since, several other companies have joined in, intensifying the race. In the latest news, Chinese tech giant Tencent has launched the official version of its T1 reasoning model, marking a step forward in the nation's accelerating AI push. READ ALSO: and According to The South China Morning Post, the new artificial intelligence (AI) reasoning model, Hunyuan T1, rivals DeepSeek's R1 in performance and pricing. Tencent's model leverages large-scale reinforcement learning, a technique which has also been employed by DeepSeek in its R1 reasoning model. According to the company, the upgraded T1 model features faster response times and improved capabilities for handling extended text documents. T1 can "keep the content logic clear and the text neat and clean", the post said, while the hallucination rate is "extremely low". The T1 has been officially released after the beta run of the T1 preview on Tencent's chatbot Yuanbao. It scored 87.2 points on the Massive Multitask Language Understanding (MMLU) Pro benchmark, a test that thoroughly assesses large language models' language comprehension and reasoning across diverse domains. The score beat DeepSeek-R1's 84 points but trailed the 89.3 points achieved by OpenAI's o1, according to South China Morning Post's report. Tencent has claimed to be the first in the industry to adopt a hybrid architecture combining Google's Transformer and Mamba. This architecture has been developed by Carnegie Mellon University and Princeton University. According to the company, the hybrid approach 'significantly reduces training and inference costs' by cutting memory usage. The company further praised T1 as 'significantly reducing resource consumption while ensuring the ability to capture long text information'. T1 offers a 200 percent increase in decoding speed. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A software engineer working in a high tech office on a laptop with multiple Ltd. (NASDAQ:MNDY) develops software applications globally, offering a cloud-based Work OS for creating work management tools. On March 17, Scotiabank analyst Allan Verkhovski lowered the firm's price target on the stock to $315 from $400 and kept an 'Outperform' rating on the shares. The analyst told investors in a research note that amid worsening demand trends and recession odds rising, it is favoring market leaders in the software and services space. This is particularly true for those with strong free cash flow that can benefit from artificial intelligence. Overall, MNDY ranks 10th on our list of AI stocks that are on investors' radar. While we acknowledge the potential of MNDY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MNDY but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
South China Morning Post
24-03-2025
- Business
- South China Morning Post
DeepSeek has changed China's AI model landscape – what's next?
DeepSeek has not only boosted China's confidence in its quest for leadership in the global artificial intelligence (AI) industry, but also rapidly transformed the domestic AI model landscape into a solar system, where the start-up becomes the sun around which a number of major planets revolve. Advertisement A year ago, China's large language model (LLM) sector was so fragmented and crowded that the number of players was nearly uncountable. Big Tech firms and new start-ups raced to unveil their answers to ChatGPT in a dizzying competition involving over a hundred models. DeepSeek, based in Hangzhou and owned by a low-profile hedge fund, has emerged as the unlikely winner. Shortly after the release of its low-cost open-source V3 and R1 models, DeepSeek has become the undisputed Chinese leader in fundamental AI model development. It has received endorsements from cloud service providers and chip developers, as well as government, corporate and individual users. To some extent, DeepSeek faces no real competition, as it does not engage in traditional rivalry. It has made its products openly accessible to everyone. While many Chinese LLM developers benchmark their models against DeepSeek and claim superior capabilities, few consider themselves direct competitors. In the DeepSeek era, China's well-resourced tech giants have adapted by aligning their offerings with DeepSeek and developing their own models. Tencent Holdings on Friday unveiled its new AI reasoning model, Hunyuan T1 , joining the ranks of Alibaba Group Holding's QwQ , ByteDance's Doubao and Baidu's X1 . Alibaba owns the South China Morning Post. Advertisement
Reuters
27-02-2025
- Business
- Reuters
Tencent releases new AI model, says replies faster than DeepSeek-R1
BEIJING, Feb 27 (Reuters) - Chinese tech giant Tencent ( opens new tab on Thursday released a new AI model that it claims can answer queries faster than global hit DeepSeek-R1, in the latest sign the startup's domestic and overseas success is putting pressure on its larger competitors in China. The Hunyuan Turbo S is able to reply to queries within a second, distinguishing itself "from DeepSeek R1, Hunyuan T1, and other slow thinking models that need to 'think for a while before answering'", Tencent said in a statement.
