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What is DeepSeek and How it become popular?
The startup DeepSeek was founded by Liang Wenfeng in 2023 in Hangzhou, China and released its first AI large language model later that year. Wenfeng has previously co-founded one of China’s top hedge funds, High-Flyer, which focuses on AI-driven quantitative trading.
DeepSeek founded by Liang Wenfeng, an engineer and entrepreneur, in 2023, this AI model is overtaking the world’s best AI models at a fraction of the cost. DeepSeek, unlike its competitors, is open-source. The company allows users to access the underlying code to improve, use, or modify.
Sam Altman, CEO of OpenAI, the parent company of GPT, recently shared his thoughts on the popularity of DeepSeek. “DeepSeek’s R1 is an impressive model, particularly around what they’re able to deliver for the price,” the CEO said. “We will obviously deliver much better models and also it’s legit invigorating to have a new competitor! we will pull up some releases,” he added.
In a follow-up post, he added, “But mostly we are excited to continue to execute on our research roadmap and believe more compute is more important now than ever before to succeed at our mission. The world is going to want to use a LOT of AI (sic), and really be quite amazed by the next gen models coming.”