Hangzhou DeepSeek, a Chinese AI company from China, specializes in creating advanced large language models. Founded in 2023 by Liang Wenfeng, the company has made waves in the AI industry for its DeepSeek-R1 model. Notably, DeepSeek has developed AI comparable to top competitors at significantly lower prices and resource requirements. This achievement is particularly noteworthy given the challenges faced for advanced AI chips, showcasing DeepSeek's innovative approach in the global AI race.
