deepseek

DeepSeek (Chinese: 深度求索; pinyin: Shēndù Qiúsuǒ) is a Chinese artificial intelligence company that develops open-source large language models (LLM). Based in Hangzhou, Zhejiang, it is owned and solely funded by Chinese hedge fund High-Flyer, whose co-founder, Liang Wenfeng, established the company in 2023 and serves as its CEO.
DeepSeek performs reasoning tasks at the same level as ChatGPT, despite being developed at magnitude lower cost and utilizing fewer resources. The AI model was developed by DeepSeek amidst U.S. sanctions on China for Nvidia chips, which were intended to restrict the country's ability to develop advanced AI systems. On 10 January 2025, the company released its first free chatbot app, which by 27 January had surpassed ChatGPT as the most-downloaded free app on the iOS App Store in the United States, and causing Nvidia's share price to drop by 18%. DeepSeek's success against larger and more established rivals has been described as "upending AI" and constituting "the first shot at what is emerging as a global AI space race".
DeepSeek has made its generative artificial intelligence chatbot open source, meaning its code is freely available for use, modification, and viewing; this includes permission to access and utilize the source code and design documents for building purposes. The company rigorously recruits young AI researchers from top Chinese universities, and hires from outside the computer science field to diversify its models' knowledge and abilities.

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