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Mahesh

28/01/25 09:46 AM IST

What is DeepSeek?

In News
  • DeepSeek’s AI Assistant, powered by DeepSeek-V3, has overtaken rival ChatGPT to become the top-rated free application available on Apple’s App Store in the United States.
DeepSeek
  • DeepSeek is a Hangzhou-based startup whose controlling shareholder is Liang Wenfeng, co-founder of quantitative hedge fund High-Flyer, based on Chinese corporate records.
  • Mr. 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” (Artificial General Intelligence). DeepSeek was created later that year.
  • ChatGPT makers OpenAI define AGI as autonomous systems that surpass humans in most economically valuable tasks.
  • It is unclear how much High-Flyer has invested in DeepSeek.
  • High-Flyer has an office located in the same building as DeepSeek, and it also owns patents related to chip clusters used to train AI models, according to Chinese corporate records.
  • High-Flyer’s AI unit said on its official WeChat account in July 2022 that it owns and operates a cluster of 10,000 A100 chips.
  • The DeepSeek-R1, released last week, is 20 to 50 times cheaper to use than OpenAI o1 model, depending on the task.
Source- The Hindu

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