Hangzhou DeepSeek, a Chinese AI company from China, focuses on developing advanced large language models. Established recently by Liang Wenfeng, the company has gained attention in the AI industry for its DeepSeek-R1 model. Notably, DeepSeek claims to produce AI comparable to top competitors at a fraction of the cost and computing power. This breakthrough is particularly remarkable given the challenges faced for advanced AI chips, demonstrating DeepSeek's innovative approach in the competitive AI landscape.
