Tencent Holdings Ltd

00700: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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DeepSeek V4 Is Here, but Don't Expect Another DeepSeek Moment

Ivan Su

Apr 24, 2026

DeepSeek released a preview of its V4 model, 15 months after introducing R1—widely known as the "DeepSeek Moment." DeepSeek claims V4's capabilities largely match US models.

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DeepSeek V4 Is Here, but Don't Expect Another DeepSeek Moment

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