Hangzhou DeepSeek, a Chinese artificial intelligence firm based in Hangzhou, specializes in developing open-source large language models. Established recently by High-Flyer's co-founder, the company has gained attention in the tech sector for its latest AI developments. Notably, DeepSeek has developed AI rivaling leading models like GPT-4 at significantly lower prices and computing power. This breakthrough is particularly noteworthy given the US sanctions on China for Nvidia processors, showcasing DeepSeek's innovative approach in the global AI race.
