"Chinese AI company DeepSeek has impressed Silicon Valley by creating advanced AI" – Lindiwe Matlali, January 27, 2025

Chinese AI company DeepSeek has impressed Silicon Valley by creating advanced AI models like R1 and V3 using fewer, less-advanced chips, despite U.S. export restrictions. The models rank in the global top 10, rivaling OpenAI and Google. DeepSeek’s cost-efficient approach includes reinforcement learning and open-source models, making it accessible and affordable. Founded by hedge-fund manager Liang Wenfeng, DeepSeek evolved from High-Flyer, a firm known for AI-driven trading. While lacking some features of costlier rivals and adhering to Chinese censorship, the models offer competitive performance at lower costs, sparking innovation and price battles in the AI industry. Read more: https://shorturl.at/6nZaH

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