Inside DeepSeek AI: The Chinese Foundation Model Powerhouse Revolutionizing Open-Source AI in 2025
DeepSeek AI, spun off from High-Flyer Capital in 2023, released the 236B-parameter DeepSeek-V2 model in May 2024, ranking top three on AlignBench. Founder Liang Wenfeng controls 84% of DeepSeek; High-Flyer holds 99% voting rights. The company claims its DeepSeek-R1, unveiled January 2025, runs 20–50 times cheaper than OpenAI’s o1. DeepSeek-Coder V2 (June 2024) reportedly outperforms GPT-4 Turbo on coding tasks.
