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DEEPSEEK

 

DeepSeek is an AI company and a family of large language models based in Hangzhou, China. It was founded in 2023 and funded by High-Flyer, a well - known quantitative asset management giant. DeepSeek is dedicated to developing advanced large language models and related technologies. It has released several models, including DeepSeek LLM, DeepSeek Coder, DeepSeekMath, and DeepSeek - VL. The latest version, DeepSeek - V3, which was launched in December 2024, has 67.1 billion parameters and was trained on a dataset of 14.8 trillion tokens. It uses FP8 training and open - sources the native FP8 weights. Benchmark tests show that it outperforms Llama 3.1 and Qwen 2.5 while matching GPT - 4O and Claude 3.5 Sonnet. In addition, DeepSeek - R1, which was officially released on January 20, 2025, performs on a par with OpenAI O1 in terms of mathematics, code, and natural language reasoning tasks. DeepSeek's models have a wide range of applications, such as chat and coding scenarios, multilingual automatic translation, image generation, and AI painting. With their high performance and low cost, DeepSeek's models have quickly gained popularity. For example, on February 2, 2025, the DeepSeek app climbed to the top of the download charts in 140 countries on the Apple App Store and also topped the Android Play Store in the United States

HKMA and PBoC Unveil New Measures to Enhance Financial Ties with Mainland China

Caroline Bishop     Jan 14, 2025

#HKMA #PBOC #RMB MARKET #FINANCIAL COOPERATION
PBOC to Issue Renminbi Bills via Hong Kong Monetary Authority's Central Moneymarkets Unit

James Ding     Sep 19, 2024

#PBOC #RENMINBI #HONG KONG MONETARY AUTHORITY #FINANCE
Hong Kong Monetary Authority Announces Tender Results for PBOC RMB Bills

Lawrence Jengar     Aug 21, 2024

#HKMA #PBOC #RMB BILLS #FINANCE
PBOC and HKMA Sign MOU on Cross-Boundary Payment System Linkage

Rongchai Wang     Aug 02, 2024

#PBOC #HKMA #PAYMENT SYSTEMS #MOU
HKMA and SFC Endorse PBoC’s New Margin Collateral Measure for Northbound Swap Connect

Timothy Morano     Jul 09, 2024

#HKMA #SFC #PBOC #NORTHBOUND SWAP CONNECT
SFC and HKMA Endorse PBoC’s New Measure on Northbound Swap Connect

Lawrence Jengar     Jul 09, 2024

#SFC #HKMA #PBOC #NORTHBOUND SWAP CONNECT
China announces new financial regulator in governmental overhaul

Luisa Crawford     Mar 08, 2023

#CHINA #FINANCIAL REGULATOR #GOVERNMENTAL OVERHAUL #CBIRC #PBOC
PBOC Governor Says Digital Yuan Will Prioritize Privacy Protection

Godfrey Benjamin     Nov 02, 2022

#PBOC #CBDC #DIGITAL YUAN #E-CNY
China Expands Digital Yuan Pilot Sites to 23 regions across 15 Provinces

Annie Li     Jul 14, 2022

#E-CNY #CHINA #DIGITALYUAN #PBOC
China's e-CNY is Growing, despite Local Payment Options Lack behind

Godfrey Benjamin     Jan 19, 2022

#DIGITAL YUAN #PBOC #CBDC #E-CNY



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