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Hangzhou DeepSeek, a Chinese artificial intelligence firm from China, focuses on creating open-source large language models. Founded in 2023 by High-Flyer's co-founder, qoocle.com the company has made waves in the AI industry for its DeepSeek-R1 model. Impressively, DeepSeek has developed AI rivaling leading models like GPT-4 at a fraction of the cost and computing power. This achievement is particularly noteworthy given the US sanctions on China for Nvidia processors, showcasing DeepSeek's technological prowess in the competitive AI landscape.

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