Hangzhou DeepSeek, a Chinese AI company from China, specializes in creating advanced large language models. Founded in 2023 by Liang Wenfeng, the company has gained attention in the AI industry for its DeepSeek-R1 model. Notably, DeepSeek has developed AI comparable to top competitors at a fraction of the cost and computing power. This achievement is particularly remarkable given the challenges faced for Nvidia processors, showcasing DeepSeek's innovative approach in the competitive AI landscape.
