The Download: AI’s impact on the economy, and DeepSeek strikes again

I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology.

1 DeepSeek has unveiled two new experimental AI models 
DeepSeek-V3.2 is designed to match OpenAI’s GPT-5’s reasoning capabilities. (Bloomberg $)
+ Here’s how DeepSeek slashes its models’ computational burden. (VentureBeat)
+ It’s achieved these results despite its limited access to powerful chips. (SCMP $)

2 OpenAI has issued a “code red” warning to its employees
It’s a call to…