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Hangzhou DeepSeek, a Chinese artificial intelligence firm from China, focuses on developing open-source large language models. Established recently by Liang Wenfeng, the company has made waves in the tech sector for its latest AI developments. Notably, DeepSeek has developed AI rivaling top competitors at significantly lower prices and resource requirements. This achievement is particularly noteworthy given the US sanctions on China for advanced AI chips, showcasing DeepSeek's technological prowess in the global AI race.

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