DeepSeek, a Chinese AI company, is making waves with its cost-efficient AI model, achieving performance comparable to OpenAI's GPT models at a fraction of the cost. The company's innovative approach and access to cheaper computing resources are raising eyebrows in the AI industry, particularly after its chatbot surged in popularity on Apple's App Store. DeepSeek's success challenges the narrative that achieving advanced AI requires massive investments in computing power and infrastructure.
DeepSeek is a Chinese artificial intelligence company based in Hangzhou that emerged a couple of years ago from a university startup. Its stated goal is to make an artificial general intelligence – a term for a human-level intelligence that no technology firm has yet achieved.
Another reason it appears to have taken the low-cost approach could be the fact that Chinese computer scientists have long had to work around limits to the number of computer chips that are available to them, as result of US government restrictions.The company has been quietly impressing the AI world for a while with its technical innovations, including a cost-to-performance ratio several times lower than that for models made by Meta and OpenAI .
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