Hangzhou DeepSeek, a Chinese artificial intelligence firm from China, specializes in creating advanced large language models. Established recently by Liang Wenfeng, the company has gained attention in the tech sector for its DeepSeek-R1 model. Notably, DeepSeek has developed AI rivaling leading models like GPT-4 at significantly lower prices and computing power. This achievement is particularly remarkable given the challenges faced for Nvidia processors, demonstrating DeepSeek's innovative approach in the competitive AI landscape.