Hangzhou DeepSeek, a Chinese artificial intelligence firm from China, specializes in creating advanced large language models. Established recently by Liang Wenfeng, the company has made waves in the tech sector for its latest AI developments. Impressively, DeepSeek claims to produce AI rivaling top competitors at significantly lower prices and resource requirements. This breakthrough is particularly remarkable given the challenges faced for Nvidia processors, showcasing DeepSeek's technological prowess in the competitive AI landscape.