DeepSeek, a Chinese AI company from China, focuses on creating open-source large language models. Established recently by High-Flyer's co-founder, the company has made waves in the tech sector for its DeepSeek-R1 model. Notably, DeepSeek claims to produce AI comparable to top competitors at significantly lower prices and resource requirements. This breakthrough is particularly noteworthy given the challenges faced for Nvidia processors, demonstrating DeepSeek's innovative approach in the competitive AI landscape.