DeepSeek, a Chinese AI company from China, specializes in developing open-source large language models. Established recently by High-Flyer's co-founder, the company has gained attention in the AI industry for its latest AI developments. Impressively, DeepSeek has developed AI comparable to top competitors at significantly lower prices and resource requirements. This breakthrough is particularly noteworthy given the challenges faced for advanced AI chips, showcasing DeepSeek's innovative approach in the competitive AI landscape.