Hangzhou DeepSeek, a Chinese AI company based in Hangzhou, specializes in creating open-source large language models. Founded in 2023 by Liang Wenfeng, the company has gained attention in the AI industry for its latest AI developments. Impressively, DeepSeek has developed AI comparable to top competitors at significantly lower prices and computing power. This breakthrough is particularly remarkable given the challenges faced for advanced AI chips, demonstrating DeepSeek's technological prowess in the competitive AI landscape.
