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Hangzhou DeepSeek, a Chinese AI company from China, specializes in developing advanced large language models. Established recently by High-Flyer\'s co-founder, the company has gained attention in the tech sector for its latest AI developments. Impressively, DeepSeek claims to produce AI rivaling top competitors at a fraction of the cost and resource requirements. This achievement is particularly noteworthy given the US sanctions on China for Nvidia processors, demonstrating DeepSeek\'s technological prowess in the competitive AI landscape.

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