New DeepSeek, Alibaba Models Take On Anthropic, OpenAI | The China Show | 8/3/2026
♪ >> IT’S 9:00 A. M. IN SHANGHAI, SHENZHEN AND YOU’RE WATCHING "THE CHINA SHOW." I’M AVRIL HONG HERE WITH DAVID INGLES.DAVID: BOTH TOKYO AND WASHINGTON EARLIER CONFIRMED THEIR FIRST JOINT INTERVENTION IN 15 YEARS. AVRIL: THE UNVEILING OF DEEPSEEK’S NEW MODEL. OIL PRICES FALL AS THE U.S. AND IRAN PLAN A RETURN TO THE NEGOTIATING TABLE.DAVID: WE’LL WATCH CHINA’S A. I. MODEL MAKERS AT THE OPEN WITH DATA SHOWING DEEP SEEK’S LATEST RELEASE COMPETING AT A FRACTION OF THE COST.AVRIL: AND WE’LL HEAR FROM ADRIENNE C ...