DeepSeek, a Chinese artificial intelligence firm based in Hangzhou, focuses on developing advanced large language models. Founded in 2023 by Liang Wenfeng, the company has made waves in the tech sector for its latest AI developments. Notably, DeepSeek claims to produce AI rivaling leading models like GPT-4 at a fraction of the cost and computing power. This achievement is particularly remarkable given the challenges faced for Nvidia processors, showcasing DeepSeek's technological prowess in the global AI race.