DeepSeek, a Chinese artificial intelligence company, has rapidly emerged as a formidable competitor in the AI landscape. Founded in 2023 by Liang Wenfeng, DeepSeek has developed open-source large language models (LLMs) that rival leading AI systems in performance, despite being created at a fraction of the cost. citeturn0search35
In January 2025, DeepSeek released its first free chatbot app, which quickly surpassed ChatGPT as the most-downloaded free app on the iOS App Store in the United States. This achievement not only highlighted the company's innovative capabilities but also had significant market implications, causing notable declines in the stock prices of major tech firms. citeturn0search35
One of the key factors contributing to DeepSeek's success is its commitment to open-source development. By making its generative AI chatbot's code freely available, DeepSeek allows developers worldwide to access, modify, and build upon its technology. This approach fosters collaboration and accelerates advancements in the AI community. citeturn0search35
DeepSeek's AI models are not only efficient but also cost-effective. The company offers its services at a price of 2 RMB for every million output tokens, making advanced AI more accessible to a broader audience. citeturn0search35
The company's rapid ascent has been described as a "Sputnik moment" for AI technology, underscoring China's growing influence in the global AI race. DeepSeek's achievements have prompted discussions about the future of AI development and the shifting dynamics between global tech competitors. citeturn0search35
For more information about DeepSeek and its offerings, you can visit their official website.
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