DeepSeek, a Chinese artificial intelligence firm from China, specializes in creating open-source large language models. Established recently by Liang Wenfeng, the company has gained attention in the tech sector for its latest AI developments. Impressively, DeepSeek has developed AI rivaling leading models like GPT-4 at a fraction of the cost and computing power. This achievement is particularly remarkable given the challenges faced for advanced AI chips, showcasing DeepSeek's technological prowess in the competitive AI landscape.