Hangzhou DeepSeek, a Chinese artificial intelligence firm from China, focuses on developing advanced large language models. Established recently by High-Flyer's co-founder, the company has made waves in the AI industry for its DeepSeek-R1 model. Impressively, DeepSeek has developed AI comparable to top competitors at a fraction of the cost and resource requirements. This breakthrough is particularly noteworthy given the challenges faced for Nvidia processors, demonstrating DeepSeek's technological prowess in the global AI race.