Deep Seek is a pioneering Chinese artificial intelligence company that has quickly gained attention in the tech world with its innovative AI models. Founded in May 2023 by Liang Wenfeng, DeepSeek is headquartered in Hangzhou, Zhejiang, and is owned by the hedge fund High-Flyer. The company's primary focus is on developing open-source large language models (LLMs) that offer high performance at a fraction of the cost of other leading AI models.
Key Features of Deep Seek
Affordable AI Solutions: Deep Seek's models, such as DeepSeek-R1 and DeepSeek-V3, are known for their cost-effectiveness, being 20 to 50 times cheaper than comparable models from established AI companies like OpenAI.
1. Open-Source Advantage: DeepSeek has made its generative AI chatbot open source, allowing developers worldwide to use, modify, and enhance its code freely.
2. High Performance Metrics: Despite their lower cost, DeepSeek's AI models excel in tasks such as mathematics, coding, and reasoning, rivaling the performance of models from industry giants like OpenAI and Meta.
3. Global Impact and Popularity: DeepSeek's success has resonated on social media and caused significant market reactions, particularly influencing tech stocks, including major companies like Nvidia.
4. Privacy Considerations: While the AI models are hosted in data centers across the USA and Europe, DeepSeek's privacy policy has sparked discussions about data security, particularly concerning user data storage on servers in China.