Hangzhou DeepSeek, a Chinese AI company based in Hangzhou, focuses on developing open-source large language models. Founded in 2023 by Liang Wenfeng, the company has made waves in the AI industry for its latest AI developments. Notably, DeepSeek claims to produce AI rivaling leading models like GPT-4 at significantly lower prices and computing power. This achievement is particularly noteworthy given the challenges faced for Nvidia processors, demonstrating DeepSeek's technological prowess in the global AI race.
