China’s DeepSeek ups AI stakes as R2 rumours fly fast

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 ecosystem

What will be the impact?

If the…