Two days after the release of DeepSeek-R1, TikTok owner ByteDance released an update to its flagship AI model, which it claimed outperformed Microsoft-backed OpenAI's o1 in AIME, a benchmark test that measures how well AI models understand and respond to complex instructions.

In an unexpected move on the first day of Lunar New Year, Chinese tech giant Alibaba announced its latest AI model, Qwen 2.5-Max, claiming it outperforms several leading models including the recently released DeepSeek-V3.

Maybe they should have called it DeepFake, or DeepState, or better still Deep Selloff. Or maybe the other obvious deep thing that the indigenous AI