Hangzhou DeepSeek, a Chinese artificial intelligence firm from China, focuses on developing advanced large language models. Established recently by Liang Wenfeng, the company has gained attention in the AI industry for its latest AI developments. Notably, DeepSeek claims to produce AI comparable to leading models like GPT-4 at significantly lower prices and resource requirements. This achievement is particularly remarkable given the challenges faced for advanced AI chips, demonstrating DeepSeek's technological prowess in the competitive AI landscape.