| DeepSeek is an artificial intelligence company that specializes in developing large language models and AI applications. Founded in 2023, DeepSeek has quickly gained attention in the AI industry for its innovative approaches to natural language processing and generation.
DeepSeek released its R1 model on January 20, 2025, explaining in a detailed paper how to build a large language model on a very small budget that can learn and improve itself without human supervision. DeepSeek said it had taken only two months and less than $6 million to build a model more advanced than many of its Western competitors. The release astonished Silicon Valley and wiped out $1 trillion in market value from U.S. and European stocks, including Nvidia, on January 27, 2025.
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