Hangzhou DeepSeek, a Chinese artificial intelligence firm from China, specializes in developing 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 leading models like GPT-4 at significantly lower prices and computing power. This achievement is particularly remarkable given the challenges faced for advanced AI chips, showcasing DeepSeek's innovative approach in the global AI race.
