What is DeepSeek

Hasan
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 DeepSeek, officially known as Hangzhou DeepSeek Artificial Intelligence Co., Ltd., is a Chinese artificial intelligence company founded in 2023 by entrepreneur Liang Wenfeng. Based in Hangzhou, Zhejiang province, the company has rapidly emerged as a significant player in the AI industry.


In January 2025, DeepSeek unveiled its AI model, DeepSeek-R1, which has been recognized for its efficiency and cost-effectiveness. Notably, the development of DeepSeek-R1 required less than $6 million in computing resources, a fraction of the investment typically associated with comparable AI models. 

Following its release, DeepSeek's AI assistant quickly became the top free application on Apple's App Store in the United States, surpassing established competitors. This rapid ascent has prompted discussions about the potential implications for the global AI landscape, particularly concerning the balance of technological leadership between China and Western nations.

DeepSeek's approach to open-source development has garnered attention within the tech community. By making its code and technical details publicly accessible, the company promotes transparency and collaboration, allowing users and organizations to modify and integrate its technology into various applications.



DeepSeek


The company's success has also had notable effects on the financial markets. Reports indicate that major U.S. tech stocks experienced significant declines in value, with companies like Nvidia, Microsoft, and Tesla collectively losing substantial market capitalization. Analysts attribute this market reaction to concerns about DeepSeek's advancements and their potential impact on the competitive dynamics of the AI industry.

DeepSeek's emergence underscores the evolving nature of the global AI sector, highlighting the increasing prominence of Chinese innovation and the potential for shifts in technological leadership.

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