DeepSeek, a Chinese AI company from China, specializes in developing open-source large language models. Founded in 2023 by High-Flyer's co-founder, the company has made waves in the tech sector for its latest AI developments. Impressively, DeepSeek claims to produce AI rivaling leading models like GPT-4 at a fraction of the cost and resource requirements. This achievement is particularly remarkable given the challenges faced for Nvidia processors, showcasing DeepSeek's innovative approach in the competitive AI landscape.