DeepSeek is a Chinese artificial intelligence company specializing in open-source large language models (LLMs). Founded in May 2023 by Liang Wenfeng, co-founder of the quantitative hedge fund High-Flyer, the company is headquartered in Hangzhou, Zhejiang.

On January 20, 2025, DeepSeek released its 'DeepSeek-R1' model, which has been noted for its efficiency and precision in executing tasks and commands. A significant feature of DeepSeek's offerings is that they are open-source, allowing users and organizations to modify and integrate the technology into various applications. Additionally, DeepSeek provides free access to its models, making advanced AI tools more accessible.

The launch of DeepSeek-R1 has had notable market impacts, including a significant decline in the stock prices of companies like NVIDIA and Microsoft.

For those interested in exploring DeepSeek's capabilities, the company offers a web-based chat interface, a mobile application, and an API platform for developers.

DeepSeek's emergence has been described as a disruptive force in the AI sector, challenging established players and contributing to a global AI competition.