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DeepSeek, a Chinese artificial intelligence firm based in Hangzhou, specializes in developing open-source large language models. Established recently by Liang Wenfeng, the company has gained attention in the AI industry for its DeepSeek-R1 model. Notably, DeepSeek claims to produce AI rivaling top competitors at a fraction of the cost and computing power. This achievement is particularly remarkable given the challenges faced for Nvidia processors, demonstrating DeepSeek's technological prowess in the competitive AI landscape.

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