The “think” mode on DeepSeek’s namesake chatbot was previously powered by its R1 reasoning model that garnered global attention after its release in January, following the launch of the V3 foundational model in December.
In contrast, the V3.1 model unveiled on Wednesday adopted a “one model, two modes” approach, indicating that the company may not develop a successor to R1.
The V3.1 model could deliver answers more quickly than R1, which was last updated in May, DeepSeek said on its official X account.
Founded by entrepreneur Liang Wenfeng as a side project of his quantitative trading firm, DeepSeek has spurred a wave of open-source AI adoption in China. The privately held company, however, has not disclosed its development timeline or future plans.
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How Hangzhou’s ‘Six Little Dragons’ built a new Chinese tech hub
How Hangzhou’s ‘Six Little Dragons’ built a new Chinese tech hub
In a statement on its WeChat account, DeepSeek said V3.1 was able to expedite the thinking process by up to 50 per cent without compromising reasoning capabilities.
Liang previously said his long-term goal was to achieve artificial general intelligence – commonly defined as AI that can understand, learn and apply knowledge across a wide range of tasks at a level comparable to that of a human.
With the upgrade, the company has increased the pricing of its application programming interface (API) services for developers. From September 6, the charge for a million token input of API requests will rise to 4 yuan (US$0.56), while the output price will increase to 12 yuan per million tokens.