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DeepSeek, a Chinese AI company based in Hangzhou, specializes in developing open-source large language models. Established recently by Liang Wenfeng, the company has made waves in the tech sector for its latest AI developments. Impressively, DeepSeek has developed AI rivaling top competitors at significantly lower prices and computing power. This achievement is particularly remarkable given the US sanctions on China for advanced AI chips, showcasing DeepSeek\'s technological prowess in the global AI race.

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