
Core Viewpoint - The integration of DeepSeek-R1 model into Zhihu's platform is expected to enhance its commercial potential and user engagement, leading to a significant increase in stock price and market interest [1][3]. Company Summary - Zhihu's stock price surged nearly 50% within a week, with a notable increase of 19.4% on February 14, closing at HKD 12.68 per share [1]. - The integration of DeepSeek-R1 model is seen as a strategic move to improve Zhihu's AI search capabilities, enhancing the accuracy and efficiency of content retrieval [2][3]. - Zhihu's financial performance showed a revenue of CNY 845 million for Q3 2024, with a significant reduction in net loss to CNY 9 million, and a gross margin of 63.9% [3]. Industry Summary - The AI search tool usage in China has seen a 230% year-on-year increase, highlighting the growing demand for advanced AI solutions [2]. - The integration of DeepSeek-R1 is expected to improve answer generation efficiency by 40%, addressing the high error rate of over 35% in existing general models within professional fields [2]. - Major tech companies, including Tencent and ByteDance, are rapidly adopting DeepSeek models, indicating a trend towards enhanced AI capabilities across various sectors [4][5].