DeepSeek, a Chinese AI company from China, specializes in developing open-source large language models. Established recently by High-Flyer's co-founder, the company has made waves in the tech sector for its DeepSeek-R1 model. Impressively, DeepSeek has developed AI comparable to top competitors at significantly lower prices and computing power. This achievement is particularly noteworthy given the challenges faced for Nvidia processors, demonstrating DeepSeek's technological prowess in the competitive AI landscape.