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Overview

DeepSeek is a Chinese artificial intelligence company that specializes in developing open-weights large language models and advanced AI research. Founded in 2023 by Liang Wenfeng and backed by quantitative hedge fund High-Flyer, the Hangzhou-based startup gained global attention for producing high-performance models - such as the DeepSeek-V3 and DeepSeek-R1 series - that offer reasoning and coding capabilities comparable to leading proprietary systems at a fraction of the computational and operational cost.