Hangzhou DeepSeek, a Chinese AI company based in Hangzhou, specializes in creating open-source large language models. Established recently by High-Flyer's co-founder, the company has gained attention in the AI industry for its DeepSeek-R1 model. Notably, DeepSeek claims to produce AI rivaling top competitors at significantly lower prices and computing power. This achievement is particularly remarkable given the challenges faced for Nvidia processors, demonstrating DeepSeek's technological prowess in the global AI race.
