DeepSeek: The Chinese AI Startup Disrupting Global Tech Giants
Source: yahoo.com DeepSeek’s Meteoric Rise in the AI Landscape DeepSeek’s, a Chinese artificial intelligence (AI) startup founded in May 2023 by hedge fund and AI expert Liang Wenfeng, is shaking up the global AI industry. With funding from Wenfeng’s quantitative hedge fund, High-Flyer, DeepSeek has emerged as a lean yet powerful competitor to tech behemoths like OpenAI, Google, and Meta. DeepSeek’s independence from external investors has enabled it to prioritize long-term research and development. Its team of fresh graduates from top Chinese universities reflects a culture of innovation, focusing on technical expertise over traditional credentials. This unique approach has resulted in groundbreaking achievements, including the release of DeepSeek Coder in November 2023, an open-source coding AI, and DeepSeek-V2 in May 2024. The latter model gained attention for its robust performance and disruptive pricing, forcing major Chinese tech companies like ByteDance, Baidu,...