The R1-0528 model features enhanced reasoning capabilities, with DeepSeek asserting it’s closing the gap with OpenAI’s and Google’s latest models. DeepSeek, a China-based artificial intelligence company, has announced an upgrade to its AI chatbot, saying it can now offer enhanced overall logic, mathematics and programming with a reduced hallucination rate. According to DeepSeek, the upgraded model — DeepSeek-R1-0528 — has “significantly improved its depth of reasoning and inference capabilities.” The startup said the model’s overall performance is now “approaching that of leading models, such as O3 and Gemini 2.5 Pro.” DeepSeek’s debut of its R1 chatbot in January sent shockwaves through the AI industry and further established China as an AI force. The company’s first AI model had a training cost of $6 million and similar performance to leading AI models trained on significantly larger sums of capital. Read more
Backed by lawmakers from both parties, the bill proposes rules to govern digital assets and define agency roles in enforcement and oversight. US Representative French Hill has announced the introduction of the much-awaited market structure bill for digital assets. The “Digital Asset Market Clarity Act of 2025” or “CLARITY Act of 2025” comes with support from lawmakers across both sides of the aisle, including three Democratic co-sponsors. The bill covers the roles of both the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital assets oversight, seeking to resolve longstanding questions about which agency oversees which types of digital assets. “I am proud to introduce the bipartisan CLARITY Act with my colleagues,” Hill said in a May 29 statement. “Our bill brings long-overdue clarity to the digital asset ecosystem, prioritizes consumer protection and American innovation, and builds off our work in the 118th Congress.” Read more
Strong demand from US-based investors sends Bitcoin’s Coinbase premium on a 20-day streak, and chart technicals hint at a rally to $118,000. Key takeaways: A 20-day Bitcoin Coinbase Premium streak signals strong institutional investor and retail investor interest. Falling BTC inflows from short- and long-term holders reduce downside risk. Read more