Tech

AI Race Heats Up with New Model Release

Updated 2026-08-01 13:10 UTC 1 source Neutral

Chinese AI lab DeepSeek launched a new coding model that significantly reduces costs for generating vast amounts of code, intensifying the competition in the AI market.

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Axios
Data: Axios research; Chart: Sara Wise/AxiosChinese AI lab DeepSeek released a powerful new coding model Friday that charges pennies for vast amounts of code — the latest sign th
2026-08-01 13:00 UTC
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