DeepSeek, a Chinese AI company from China, specializes in developing open-source large language models. Established recently by High-Flyer's co-founder, the company has gained attention in the AI industry for its latest AI developments. Notably, DeepSeek claims to produce AI rivaling leading models like GPT-4 at significantly lower prices and computing power. This achievement is particularly noteworthy given the US sanctions on China for Nvidia processors, demonstrating DeepSeek's innovative approach in the global AI race.