Hangzhou DeepSeek, a Chinese AI company from China, specializes in creating open-source large language models. Established recently by High-Flyer's co-founder, the company has gained attention in the tech sector 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 remarkable given the challenges faced for Nvidia processors, showcasing DeepSeek's innovative approach in the global AI race.
