DeepSeek, the AI offshoot of High-Flyer Capital Management, has released the R1-Lite-Preview reasoning model.The model offers high-level reasoning capabilities and competes with OpenAI's o1-preview model.DeepSeek-R1-Lite-Preview demonstrates accurate and transparent thought processes for logical inference and problem-solving.DeepSeek plans to release open-source versions of its R1 series models and related APIs in the future.