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DeepSeek V4 analysis: Why top the AI leaderboard if nobody can afford you?

Recently, two large AI models were dropped almost simultaneously: OpenAI released GPT-5.5 – a flagship model with benchmark scores that reset the leaderboard, while DeepSeek, the AI lab based in Hangzhou, China, released its own new model V4. In its technical report, DeepSeek noted that V4 still lags behind frontier models such as GPT-5.4 and Gemini 3.1 by an estimated three to six months. In today's newsletter, discover why DeepSeek, a lab that has terrified Western AI companies with its cost efficiency, openly admits it is not winning the raw capability race. Also in today's newsletter, explore how new employment trends are reshaping the expectations and life paths of the younger generation in China, as well as the hidden risks behind the rapid global boom in satellite deployment and how China is coming up with new technologies to help keep space sustainable.

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