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DeepSeek R2 rumored 98%+ cheaper than GPT-4o, trained on Huawei chips

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Top stories today:

  1. DeepSeek R2 rumored 98%+ cheaper than GPT-4o
  2. Elon’s XAI Holdings said to raise $20B at $120B+ valuation
  3. Huawei said to have developed Ascend 910D to rival NVIDIA’s AI chips
  4. Deel sues Rippling for defamation as rivalry escalates
  5. Neuralink’s ALS patient shares experience regaining communication

0. Data and calendar

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All times are ET.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. DeepSeek R2 rumored 98%+ cheaper than GPT-4o, trained on Huawei chips

  • 1.2T parameter size, with 78B active parameters using a hybrid Mixture of Experts (MoE) architecture.

  • 89.8% scores on the C-Eval 2.0 benchmark.

  • 92.4% scores on COCO for vision capabilities.

  • Achieved 82% utilization of Huawei’s Ascend 910B AI chip cluster.

  • TBD: the exact release date.

  • Jan.: DeepSeek disrupted the AI market with its R1 reasoning model release.

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3. Elon’s XAI Holdings said to raise $20B at $120B+ valuation

Representational image generated using xAI’s Grok.

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