The new version can reportedly perform on par with competitors such as o3 from OpenAI and Gemini 2.5 Pro from Google.

The Chinese artificial intelligence company DeepSeek (DEEPSEEK), which roiled the tech world when it released its R1 large language model in January, released an upgraded version, which it claims is performing near the level of OpenAI's o3 and Google's (NASDAQ:GOOG)(NASDAQ:GOOGL) Gemini 2.

DeepSeek’s updated R1 reasoning AI model might be getting the bulk of the AI community’s attention this week. But the Chinese AI lab also released a smaller, “distilled” version of its new R1, DeepSeek-R1-0528-Qwen3-8B, that DeepSeek claims beats comparably sized models on certain benchmarks.