What is DeepSeek? ChatGPT Rival's
BEIJING: Chinese startup DeepSeek has recently introduced its latest AI models that are said to rival or even outperform leading U.S. models while remaining much more cost-effective. This development has the potential to bring significant disruptions to the global technology landscape.
Advancements in AI Models
The tech company has been making waves in the field of artificial intelligence ever since it unveiled its groundbreaking research last month. According to the paper published by DeepSeek, the training of their latest model, DeepSeek-V3, required just under $6 million in computing power, thanks to the utilization of Nvidia H800 chips.
DeepSeek AI App Assistant
Moreover, the DeepSeek AI App Assistant, which is powered by DeepSeek-V3, has surpassed its competitor ChatGPT to emerge as the top-rated free mobile app on Apple’s App Store in the United States.
Background of DeepSeek
DeepSeek is an AI startup based in Hangzhou, and one of its key shareholders is Liang Wenfeng, who is also the co-founder of the quantitative hedge fund, High-Flyer, as per Chinese corporate records.