Following the success of previous models, Deepseek has literally returned with a major update. On Monday, the Chinese AI startup rolled out Deepseek-V3-0324, a 700GB open source model that is turning its head in the AI community. Released under the MIT license, the update shows a strong move towards transparency and open collaboration.
Without an official announcement about X, Deepseek quietly released Deepseek-V3-0324 on Face.
Wild deepseek is displayed: //t.co/9jfi9dqmfz
– Tenium (e/λ) (@teknium1) March 24, 2025
DeepSeek releases V3-0324 update
Currently hugging Face and OpenRouter, DeepSeek-V3-0324 makes it easy for developers and researchers to put them into tests. The inter-platform response suggests true excitement, with many paying attention to what Deepseek will do next, especially the upcoming Reasser V2 model.
What’s surprising is not just size. The performance of the model. Early users say that Deepseek V3 holds its own against giant models like Openai, especially in areas such as mathematics, coding, and front-end design. Some even say it outweighs them in important tasks.
When asked about the release, Deepseek described it as a small update. But developers are looking at something bigger. For example, one user of X is frank. “The new Deepseek V3 is not just a small update! It’s a world of differences in terms of front-end design! This is literally the first attempt, and it looks even better than what the R1 can do.”
The new Deepseek V3 is more than just a small update! It’s a world of differences from the front-end design perspective! This is literally the first attempt, and it looks even better than what R1 can do pic.twitter.com/k1qvdticyz
– Phil (@Phill__1) March 24, 2025
On the other hand, this release is more than just a technical update. This is part of a broader shift as more developers look beyond US-based models. Deepseek’s V3 drop sparked a new conversation about whether China is taking the lead in certain areas of AI development. That alone is enough to sit and pay attention to the industry.
In January, Deepseek overtook ChatGpt and became the highest rated free app on Apple’s App Store in the US.
News of Deepseek’s success have sparked massive sales, sent shockwaves through the US stock market, and wiped out an astounding $1 trillion market cap as investors began questioning the sustainability of AI chip spending.
The talk around Deepseek grew following reports that its V3 model outperformed Meta’s Llama 3.1, Openai’s GPT-4O, and Alibaba’s Qwen 2.5 on third-party benchmarks.
