DeepSeek

Extracted Attributes

• CEO

  Liang Wenfeng

• Type

  Artificial Intelligence Company

• Founded

  2023-07

• Founder

  Liang Wenfeng

• Strategy

  Focuses on research, no immediate commercialization plans (as of May 2024)

• Full Name

  Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd.

• Ownership

  Privately owned (Liang Wenfeng held 84% stake as of May 2024)

• Model Type

  Open weight (parameters openly shared)

• Key Product

  DeepSeek-R1, DeepSeek V3, DeepSeek chatbot

• Recruitment

  AI researchers from top Chinese universities and diverse fields

• Headquarters

  Hangzhou, Zhejiang, China

• Funding Source

  High-Flyer (Chinese hedge fund)

• Specialization

  Large Language Models (LLMs) development

• License (DeepSeek-R1/V3)

  MIT License

• Training Cost (DeepSeek V3)

  US$6 million

• Training Cost (OpenAI GPT-4 comparison)

  US$100 million (for GPT-4 in 2023)

• Compute Power (DeepSeek V3 vs. Llama 3.1)

  Approximately one-tenth of Meta's comparable model

Timeline

• DeepSeek was founded by Liang Wenfeng. (Source: Wikipedia)

  2023-07

• DeepSeek launched its eponymous chatbot and the DeepSeek-R1 model, released under the MIT License. (Source: Wikipedia)

  2025-01-20

• The DeepSeek chatbot surpassed ChatGPT as the most downloaded freeware app on the iOS App Store in the United States, an event that reportedly triggered an 18% drop in Nvidia's share price. (Source: Wikipedia, Web Search)

  2025-01-27

• DeepSeek released DeepSeek-V3-0324 under the MIT License. (Source: Wikipedia)

  2025-03-24

DeepSeek

Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd., doing business as DeepSeek, is a Chinese artificial intelligence company that develops large language models (LLMs). Based in Hangzhou, Zhejiang, Deepseek is owned and funded by the Chinese hedge fund High-Flyer. DeepSeek was founded in July 2023 by Liang Wenfeng, the co-founder of High-Flyer, who also serves as the CEO for both of the companies. The company launched an eponymous chatbot alongside its DeepSeek-R1 model in January 2025. Released under the MIT License, DeepSeek-R1 provides responses comparable to other contemporary large language models, such as OpenAI's GPT-4 and o1. Its training cost was reported to be significantly lower than other LLMs. The company claims that it trained its V3 model for US$6 million—far less than the US$100 million cost for OpenAI's GPT-4 in 2023—and using approximately one-tenth the computing power consumed by Meta's comparable model, Llama 3.1. DeepSeek's success against larger and more established rivals has been described as "upending AI". DeepSeek's models are described as "open weight," meaning the exact parameters are openly shared, although certain usage conditions differ from typical open-source software. The company reportedly recruits AI researchers from top Chinese universities and also hires from outside traditional computer science fields to broaden its models' knowledge and capabilities. DeepSeek significantly reduced training expenses for their R1 model by incorporating techniques such as mixture of experts (MoE) layers. The company also trained its models during ongoing trade restrictions on AI chip exports to China, using weaker AI chips intended for export and employing fewer units overall. Observers say this breakthrough sent "shock waves" through the industry, threatening established AI hardware leaders such as Nvidia; Nvidia's share price dropped sharply, losing US$600 billion in market value, the largest single-company decline in U.S. stock market history.

Web Search Results

• What is DeepSeek - and why is everyone talking about it? - BBC

  DeepSeek is the name of a free AI-powered chatbot, which looks, feels and works very much like ChatGPT. That means it's used for many of the same tasks, though exactly how well it works compared to its rivals is up for debate. It is reportedly as powerful as OpenAI's o1 model - released at the end of last year - in tasks including mathematics and coding. Like o1, R1 is a "reasoning" model. These models produce responses incrementally, simulating how humans reason through problems or ideas. [...] Nvidia's stock price plunged 17% on Monday before it began to recover on Tuesday. The chip maker had been the most valuable company in the world, when measured by market capitalisation. But it fell to third place after Apple and Microsoft on Monday, when its market value shrank to $2.9tn from $3.5tn, Forbes reported. DeepSeek is a privately owned company, which means investors cannot buy shares of stock on any of the major exchanges. [...] DeepSeek's achievements undercut the belief that bigger budgets and top-tier chips are the only ways of advancing AI, a prospect which has created uncertainty about the future of high-performance chips. "DeepSeek has proven that cutting-edge AI models can be developed with limited compute resources," says Wei Sun, principal AI analyst at Counterpoint Research.

• What is DeepSeek, and why is it causing Nvidia and other stocks to ...

  DeepSeek is an open-source large language model that relies on what is known as "inference-time computing," which Sette said in layman's terms means "they activate only the most relevant portions of their model for each query, and that saves money and computation power." [...] DeepSeek is a private Chinese company founded in July 2023 by Liang Wenfeng, a graduate of Zhejiang University, one of China's top universities, who funded the startup via his hedge fund, according to the MIT Technology Review. Liang has about $8 billion in assets, Ives wrote in a Jan. 27 research note. [...] In a statement to CBS News, Nvidia offered praise for DeepSeek. "DeepSeek is an excellent AI advancement and a perfect example of test-time scaling," the company said in an email. "DeepSeek's work illustrates how new models can be created using that technique, leveraging widely available models and compute that is fully export-control compliant."

• Integrate the DeepSeek API into popular softwares - GitHub

  | Icon | xhai Browser | xhai Browser is an Android desktop management & AI browser, DeepSeek is the default AI dialog engine.It has the ultimate performance (0.2 seconds to start), slim size (apk 3M), no ads, ultra-fast ad blocking, multi-screen classification, screen navigation, multi-search box, a box multiple search! | [...] | DeepSwiftSeek Logo | DeepSwiftSeek | DeepSwiftSeek is a lightweight yet powerful Swift client library, pretty good integration with the DeepSeek API. It provides easy-to-use Swift concurrency for chat, streaming, FIM (Fill-in-the-Middle) completions, and more. | | Laravel Integration | Laravel Integration | Laravel wrapper for Deepseek PHP client, to seamless deepseek API integration with laravel applications. | [...] An open-source SDK for encrypting AI with Fully Homomorphic Encryption (FHE) and integrating with Mind Network for agent consensus. FHE is considered the holy grail of cryptography, enabling computations directly on encrypted data without the need for decryption. With FHE, agents can safeguard their privacy while using Deepseek, ensuring both model integrity and result consensus - all without exposing their data - by connecting to Mind Network. The SDK source code is implemented in pure Rust>

• DeepSeek explained: Everything you need to know - TechTarget

  Technical achievement despite restrictions.The export of the highest-performance AI accelerator and GPU chips from the U.S. is restricted to China. Yet, despite that, DeepSeek has demonstrated that leading-edge AI development is possible without access to the most advanced U.S. technology. Business model threat. In contrast with OpenAI, which is proprietary technology, DeepSeek is open source and free, challenging the revenue model of U.S. companies charging monthly fees for AI services. [...] Geopolitical concerns.Being based in China, DeepSeek challenges U.S. technological dominance in AI. Tech investor Marc Andreessen called it AI's "Sputnik moment," comparing it to the Soviet Union's space race breakthrough in the 1950s. [...] DeepSeek uses a different approach to train its R1 models than what is used by OpenAI. The training involved less time, fewer AI accelerators and less cost to develop. DeepSeek's aim is to achieve artificial general intelligence, and the company's advancements in reasoning capabilities represent significant progress in AI development. In a research paper, DeepSeek outlines the multiple innovations it developed as part of the R1 model, including the following:

• DeepSeek - Wikipedia

  DeepSeek is headquartered in Hangzhou, Zhejiang, and is owned and funded by High-Flyer. Its co-founder, Liang Wenfeng, serves as CEO. As of May 2024, Liang personally held an 84% stake in DeepSeek through two shell corporations.( ### Strategy [edit] DeepSeek states that it focuses on research and does not have immediate plans for commercialization.( This posture also means it can skirt certain provisions of China's AI regulations aimed at consumer-facing technologies.( [...] On 20 January 2025, DeepSeek launched the DeepSeek chatbot "DeepSeek (chatbot)")—based on the DeepSeek-R1 model—free for iOS and Android "Android (operating system)"). By 27 January, DeepSeek surpassed ChatGPT as the most downloaded freeware app on the iOS App Store "App Store (iOS)") in the United States,( triggering an 18% drop in Nvidia's share price.( On 24 March 2025, DeepSeek released DeepSeek-V3-0324 under the MIT License.( [...] 33. ^ _a__b__c__d_Jiang, Ben; Perezi, Bien (1 January 2025). "Meet DeepSeek: the Chinese start-up that is changing how AI models are trained". _South China Morning Post_. Archived from the original on 22 January 2025. Retrieved 1 January 2025. 34. ^ _a__b_McMorrow, Ryan; Olcott, Eleanor (9 June 2024). "The Chinese quant fund-turned-AI pioneer". _Financial Times_. Archived from the original on 17 July 2024. Retrieved 28 December 2024.

• Instance Of

  Q4167410