China's DeepSeek has released a 685-billion parameter open-source AI model, DeepSeek V3.1, challenging OpenAI and Anthropic with breakthrough performance, hybrid reasoning, and zero-cost access on Hugging Face.
Original: https://venturebeat.com/ai/deepseek-v3-1-just-dropped-and-it-might-be-the-most-powerful-open-ai-yet/