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DeepSeek (Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd.) is a Chinese AI company founded in May 2023. It specializes in developing advanced large language models and AI technologies. The company gained recognition for releasing cost-effective, high-performance models like DeepSeek-V2 and DeepSeek-V3, competing with both open-source and proprietary models like GPT-4 and Claude 3.5.