Hangzhou DeepSeek, a Chinese AI company based in Hangzhou, specializes in creating advanced large language models. Founded in 2023 by High-Flyer's co-founder, the company has made waves in the tech sector for its DeepSeek-R1 model. Notably, DeepSeek has developed AI rivaling leading models like GPT-4 at a fraction of the cost and resource requirements. This achievement is particularly noteworthy given the challenges faced for advanced AI chips, demonstrating DeepSeek's technological prowess in the competitive AI landscape.
