DeepSeek, a Chinese AI company from China, specializes in creating 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 DeepSeek-R1 model. Notably, DeepSeek has developed AI rivaling leading models like GPT-4 at significantly lower prices and resource requirements. This achievement is particularly remarkable given the challenges faced for Nvidia processors, showcasing DeepSeek's innovative approach in the global AI race.