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Tech Brief (Dec. 2): DeepSeek Rivals OpenAI, Google With New Models

Published: Dec. 2, 2025  12:09 p.m.  GMT+8
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DeepSeek Unveils V3.2 Models Claiming Performance Near GPT-5

DeepSeek released its DeepSeek-V3.2 and DeepSeek-V3.2-Speciale models on Monday. The standard V3.2 model aims to balance reasoning capabilities with output length for daily use, with benchmark testing reportedly showing performance on par with OpenAI's GPT-5 and only slightly behind Google’s Gemini-3.0-Pro. The Speciale variant is designed to push the boundaries of reasoning capabilities for open-source models.

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This is an AI-generated English rendering of original reporting or commentary published by Caixin Media. In the event of any discrepancies, the Chinese version shall prevail.
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  • DeepSeek launched V3.2 models rivaling GPT-5 in performance, with a special version excelling in open-source reasoning.
  • Nvidia invested $2 billion in Synopsys, boosting chip design collaboration; Synopsys shares surged over 11%.
  • ByteDance debuted Doubao Phone Assistant for OS-level task automation; plans partnerships, not its own phones.
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Who’s Who
DeepSeek
DeepSeek released its DeepSeek-V3.2 and DeepSeek-V3.2-Speciale models. The standard V3.2 model balances reasoning and output length, with benchmarks reportedly showing performance comparable to OpenAI's GPT-5. The Speciale variant aims to advance reasoning capabilities for open-source models. The details on DeepSeek were found in the article's first paragraph.
Nvidia Corp.
Nvidia Corp. is expanding its partnership with Synopsys Inc., a chip design software maker. Nvidia will invest approximately $2 billion by purchasing Synopsys common stock to integrate its accelerated computing with Synopsys' engineering solutions. This collaboration aims to streamline the design and verification of intelligent products.
Synopsys Inc.
Synopsys Inc. (新思科技) is a chip design software maker that recently expanded its partnership with Nvidia Corp. As part of this deal, Nvidia invested approximately $2 billion in Synopsys common stock. This collaboration aims to integrate Nvidia’s accelerated computing with Synopsys’ engineering solutions to streamline intelligent product design and verification.
ByteDance Ltd.
ByteDance Ltd.'s AI model, Doubao, has introduced a "Doubao Phone Assistant" in a technical preview. This assistant aims for operating system-level integration, allowing it to perform complex tasks by accessing a phone's OS. Although showcased on a Nubia prototype, ByteDance has no plans to develop its own smartphones, instead focusing on "ecosystem cooperation" with various brands.
ZTE Corp.
ZTE Corp. is a company that developed a Nubia engineering prototype. ByteDance's AI model Doubao showcased its "Doubao Phone Assistant" on this prototype. However, Doubao's intent is not to develop its own smartphones but to integrate its assistant into various devices through "ecosystem cooperation" with handset manufacturers.
Google
Google's CEO, Sundar Pichai, cautioned that the U.S. risks losing its lead in AI to China due to fragmented regulations, advocating for unified federal rules. DeepSeek's new AI model, V3.2, reportedly performs comparably to Google's Gemini-3.0-Pro. Additionally, Apple has hired Amar Subramanya, who previously led engineering for Google's Gemini Assistant, as their new Vice President of AI.
Apple Inc.
Apple Inc. announced a change in its AI leadership. John Giannandrea, SVP of Machine Learning and AI Strategy, will step down and serve as an advisor until his retirement in spring 2026. Amar Subramanya, formerly of Microsoft and Google, has been hired as the new vice president of artificial intelligence.
Microsoft Corp.
Amar Subramanya, previously a corporate vice president of AI at Microsoft Corp., has been hired by Apple Inc. as its new vice president of artificial intelligence. Subramanya also spent 16 years at Google, where he led engineering for the Gemini Assistant.
HashKey Holdings Ltd.
HashKey Holdings Ltd. is the parent company of the licensed virtual asset trading platform HashKey Exchange. It has passed its listing hearing with the Hong Kong Stock Exchange and aims to list in 2025. The company saw significant revenue growth to HK$720 million in 2024 but also reported substantial losses of HK$1.19 billion attributable to equity shareholders.
Tuopu Group
Tuopu Group, an auto parts manufacturer, is planning to list its H-shares on the Hong Kong Stock Exchange. This move aims to fund its global expansion and boost overseas production capacity. The company is currently discussing the specifics with intermediaries, affirming that the controlling shareholder structure will remain unchanged.
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What Happened When
2022:
HashKey Holdings' revenue was HK$129 million.
2024:
HashKey Holdings reported losses attributable to equity shareholders, reaching HK$1.19 billion.
By 2024:
HashKey Holdings' revenue grew to HK$720 million.
2025-12-01:
DeepSeek released its DeepSeek-V3.2 and DeepSeek-V3.2-Speciale models.
2025-12-01:
Nvidia Corp. and Synopsys Inc. announced an expanded partnership and Nvidia agreed to purchase approximately $2 billion of Synopsys common stock.
2025-12-01:
ByteDance’s AI model Doubao released a technical preview of its 'Doubao Phone Assistant.'
2025-12-01:
Apple Inc. announced that John Giannandrea will step down from his role and serve as an advisor until his retirement in spring 2026; Amar Subramanya was hired as vice president of artificial intelligence.
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