DeepSeek
Sign in to saveHangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd., doing business as DeepSeek, is a Chinese artificial intelligence (AI) company that develops large language models (LLMs). Based in Hangzhou, Zhejiang, DeepSeek is owned and funded by the Chinese hedge fund High-Flyer. DeepSeek was founded in July 2023 by Liang Wenfeng, the co-founder of High-Flyer, who also serves as the CEO for both of the companies. The company launched an eponymous chatbot alongside its DeepSeek-R1 model in January 2025.
AI overview
DeepSeek is a Chinese AI company founded in 2023 that builds large language models—the technology behind conversational AI systems—and launched its own chatbot in January 2025. It matters because it represents a significant player in the competitive global AI industry, backed by a major hedge fund and led by a prominent tech entrepreneur.
AI-generated from the Wikipedia summary — may contain errors.
Key facts
- Company.name
- Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd.
- Company.logo
- DeepSeek_logo.svg
- Company.logo_upright
- 1.25
- Company.type
- Private
- Company.location
- Hangzhou, Zhejiang,China
- Company.owner
- High-Flyer
- Company.num_employees
- 160 (2025)
- Company.products
- DeepSeek
- Company.industry
- Information technologyArtificial intelligence
via Wikipedia infobox
Article
20 sectionsContents
- History
- Founding and early years (2016–2023)
- Model releases (2023–present)
- Company operation
- Strategy
- Training framework
- Development and release history
- Overview of models and technical specifications
- DeepSeek Coder
- DeepSeek-LLM
- MoE
- Math
- V2
- V3
- R1
- Significance
- See also
- Notes
- References
- External links
Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd., doing business as DeepSeek, is a Chinese artificial intelligence (AI) company that develops large language models (LLMs). Based in Hangzhou, Zhejiang, DeepSeek is owned and funded by the Chinese hedge fund High-Flyer. DeepSeek was founded in July 2023 by Liang Wenfeng, the co-founder of High-Flyer, who also serves as the CEO for both of the companies. The company launched an eponymous chatbot alongside its DeepSeek-R1 model in January 2025.
Released under the MIT License, DeepSeek-R1 provides responses comparable to other contemporary large language models, such as OpenAI's GPT-4 and o1. Its training cost was reported to be significantly lower than other LLMs. The company claims that it trained its V3 model for US$6 million—far less than the US$100 million cost for OpenAI's GPT-4 in 2023—and using approximately one-tenth the computing power consumed by Meta's comparable model, Llama 3.1. DeepSeek's success against larger and more established rivals has been described as "upending AI".