add press release link
diff --git a/README.md b/README.md
index 371cdbfba783..5174c5140313 100755
--- a/README.md
+++ b/README.md
@@ -33,6 +33,7 @@ information [here](https://innovation.microsoft.com/en-us/exploring-ai-at-scale)
 
 
 # News
+* [2021/05/24] [DeepSpeed: Accelerating large-scale model inference and training via system optimizations and compression](https://www.microsoft.com/en-us/research/blog/deepspeed-accelerating-large-scale-model-inference-and-training-via-system-optimizations-and-compression/)
 * [2021/04/20] [1-bit LAMB: up to 4.6x less communication and 2.8x faster training, together with LAMB's convergence speed at large batch sizes](https://www.deepspeed.ai/tutorials/onebit-lamb/)
 * [2021/04/19] [ZeRO-Infinity unlocks unprecedented model scale for deep learning training](https://www.microsoft.com/en-us/research/blog/zero-infinity-and-deepspeed-unlocking-unprecedented-model-scale-for-deep-learning-training/)
   * [Tutorial on how to use different stages of ZeRO](https://www.deepspeed.ai/tutorials/zero/)
diff --git a/docs/index.md b/docs/index.md
index 9d60ed6e1298..cdb692ab6572 100755
--- a/docs/index.md
+++ b/docs/index.md
@@ -30,6 +30,7 @@ initiative to enable next-generation AI capabilities at scale, where you can fin
 information [here](https://innovation.microsoft.com/en-us/exploring-ai-at-scale).
 
 # What's New?
+* [2021/05/24] [DeepSpeed: Accelerating large-scale model inference and training via system optimizations and compression](https://www.microsoft.com/en-us/research/blog/deepspeed-accelerating-large-scale-model-inference-and-training-via-system-optimizations-and-compression/)
 * [2021/04/20] [1-bit LAMB: up to 4.6x less communication and 2.8x faster training, together with LAMB's convergence speed at large batch sizes](https://www.deepspeed.ai/tutorials/onebit-lamb/)
 * [2021/04/19] [ZeRO-Infinity unlocks unprecedented model scale for deep learning training](https://www.microsoft.com/en-us/research/blog/zero-infinity-and-deepspeed-unlocking-unprecedented-model-scale-for-deep-learning-training/)
   * [Tutorial on how to use different stages of ZeRO](https://www.deepspeed.ai/tutorials/zero/)
