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DeepSeek pauses for Lunar New Year amid global buzz

Chinese AI start-up DeepSeek has temporarily paused activities this week for the Lunar New Year holiday.

Despite the break, the Hangzhou-based company has gained global attention due to its recent advancements in AI.

On Jan. 27, DeepSeek announced the release of its multimodal image generation model, Janus-Pro, which surpassed OpenAI’s DALL-E 3 and Stability AI’s Stable Diffusion in benchmark tests

DeepSeek’s headquarters, located in a building primarily occupied by finance industry tenants, remained quiet during the weeklong holiday. However, there was increased interest in the company, as security reported turning away uninvited guests.

The company’s rise has prompted discussions in Silicon Valley and Wall Street. US officials and industry leaders have commented on DeepSeek’s impact.

Despite the growing interest, DeepSeek has maintained a low profile and operates without a dedicated public relations team.

Recent DeepSeek developments

Timeline
28-Jan-2025 🌟 DeepSeek unveils new open-source AI, outperforms rivals
  • DeepSeek launches open-source Janus-Pro-7B model
  • Model outperforms DALL-E 3 in key benchmarks
28-Jan-2025 🚀 DeepSeek model disrupts AI, drops Nvidia stock 12%
  • DeepSeek’s R1 model shocks AI industry
  • Nvidia’s stock drops 12% amid resource efficiency debate
27-Jan-2025 📉 DeepSeek challenges AI profitability, hits tech stocks
  • Nasdaq futures down 2.6% amid AI concerns
  • Nvidia shares fell 8.5%, pressuring tech stocks
27-Jan-2025 🚀 DeepSeek surpasses ChatGPT on Apple App Store in US
  • DeepSeek’s AI app tops US App Store charts
  • First Chinese AI model to rival US tech giants

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