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Breakthrough · Nov 2023 – Jul 2024

Prying the closed-source wall open with structural innovation

Less than four months after spinning out, DeepSeek shipped its first open Coder. The next nine months ran on a model-every-other-week cadence: LLM, Coder V2, and then V2 in May 2024 — its Multi-Head Latent Attention cut KV cache by 93.3% and priced inference at 0.14 yuan per million tokens, blowing through the floor of China's API market. In July, Liang Wenfeng's line — 'China cannot remain a follower forever' — broke through to English-speaking tech circles.

Events in this era