Hangzhou DeepSeek, a Chinese AI company 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. Impressively, DeepSeek has developed AI rivaling top competitors at significantly lower prices and computing power. This breakthrough is particularly remarkable given the challenges faced for Nvidia processors, showcasing DeepSeek's innovative approach in the competitive AI landscape.
