DeepSeek, a Chinese AI company 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 latest AI developments. Impressively, DeepSeek has developed AI comparable to top competitors at significantly lower prices and resource requirements. This breakthrough is particularly remarkable given the challenges faced for Nvidia processors, demonstrating DeepSeek's innovative approach in the competitive AI landscape.