Hangzhou DeepSeek, a Chinese artificial intelligence firm based in Hangzhou, specializes in developing advanced large language models. Founded in 2023 by High-Flyer's co-founder, the company has made waves in the tech sector for its latest AI developments. Notably, DeepSeek claims to produce AI rivaling top competitors at a fraction of the cost and resource requirements. This achievement is particularly remarkable given the US sanctions on China for advanced AI chips, demonstrating DeepSeek's innovative approach in the global AI race.
