EXPLAINER: What is DeepSeek and why is it disrupting the AI sector?

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EXPLAINER: What is DeepSeek and why is it disrupting the AI sector?
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Here are some facts about the company shaking up the AI sector worldwide

This is AI generated summarization, which may have errors. For context, always refer to the full article.BEIJING, China – Chinese startup DeepSeek’s launch of its latest AI models, which it says are on a par or better than industry-leading models in the United States at a fraction of the cost, is threatening to upset the technology world order.

The quality and cost efficiency of DeepSeek’s models have flipped this narrative on its head. The two models that have been showered with praise by Silicon Valley executives and US tech company engineers alike, DeepSeek-V3 and DeepSeek-R1, are on par with OpenAI and Meta’s most advanced models, the Chinese startup has said.

Liang’s fund announced in March 2023 on its official WeChat account that it was “starting again,” going beyond trading to concentrate resources on creating a “new and independent research group, to explore the essence of AGI” . DeepSeek was created later that year.

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