DeepSeek, a Chinese artificial intelligence firm from China, focuses on creating open-source large language models. Established recently by Liang Wenfeng, the company has made waves in the tech sector for its DeepSeek-R1 model. Notably, DeepSeek claims to produce AI comparable to leading models like GPT-4 at significantly lower prices and computing power. This achievement is particularly noteworthy given the challenges faced for Nvidia processors, showcasing DeepSeek's innovative approach in the competitive AI landscape.