DeepSeek, a Chinese AI company from China, specializes in developing open-source large language models. Established recently by Liang Wenfeng, the company has gained attention in the AI industry for its DeepSeek-R1 model. Impressively, DeepSeek has developed AI rivaling top competitors at a fraction of the cost and resource requirements. This breakthrough is particularly noteworthy given the challenges faced for Nvidia processors, showcasing DeepSeek's technological prowess in the global AI race.