DeepSeek is developing an AI model with a more advanced AI Agent to compete in newer technological fields against U.S. rivals like OpenAI, Bloomberg, citing people with the knowledge of the matter, reported. DeepSeek's new AI model reportedly aims to perform multi-step operations on behalf of users with minimal instructions, and the system can learn and improve based on previous operations, targeting a launch in the fourth quarter.Related NewsCaixin Manufacturing PMI for Aug in China is 50.5, higher than the previous value of 49.5. The forecast was 49.5.