OpenAI

DeepSeek: how a small Chinese AI company is shaking up US tech heavyweights Tongliang Liu, University of Sydney Chinese artificial intelligence (AI) company DeepSeek has sent shockwaves through the tech community, with the release of extremely efficient AI models that can compete with cutting-edge products from US companies such as OpenAI and Anthropic. Founded in 2023, DeepSeek has achieved its results with a fraction of the cash and computing power of its competitors. DeepSeek’s “reasoning” R1 model, released last week, provoked excitement among researchers, shock among investors, and responses from AI heavyweights. The company followed up on January 28 with a model that can work with images as well as text. So what has DeepSeek done, and how did it do it? What DeepSeek did In December, DeepSeek released its V3 model. This is a very powerful “standard” large language model…