Chinese AI company DeepSeek released a preview of its hotly anticipated next-generation AI model V4 on Friday, saying that the open-source model can compete with leading closed-source systems from US rivals including Anthropic, Google, and OpenAI.

DeepSeek says V4 marks a major improvement over prior models, especially in coding, a capability that has become central to AI agents and helped drive the success of tools like ChatGPT Codex and Claude Code. The release is also a milestone for China’s chip industry, with DeepSeek explicitly highlighting compatibility with domestic Huawei technology.

The release comes a year after DeepSeek rattl …

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