DeepSeek, a Chinese artificial intelligence firm based in Hangzhou, specializes in creating advanced large language models. Established recently by High-Flyer's co-founder, the company has gained attention in the tech sector for its DeepSeek-R1 model. Impressively, DeepSeek claims to produce AI rivaling top competitors at a fraction of the cost and computing power. This breakthrough is particularly noteworthy given the challenges faced for Nvidia processors, demonstrating DeepSeek's technological prowess in the competitive AI landscape.