DeepSeek

An AI research organization established by Chinese hedge fund High-Flyer. In early 2025, it gained massive global attention after its AI model topped the App Store free app charts in the US.

Developing AI models typically requires enormous computing resources and costs. Yet DeepSeek reportedly achieved performance rivaling top models at a fraction of the cost, prompting a fundamental reassessment of cost structures across the AI industry. Its models are released as free open-source software, and it has become a symbolic brand demonstrating that Chinese AI technology can rapidly close the gap with American leaders.