What is DeepSeek and why is it disrupting the AI sector?
DeepSeek is a Chinese AI startup founded in December 2023 by Liang Wenfeng, who previously co-founded a hedge fund focused on AI-driven quantitative trading. The company is based in Hangzhou and has gained significant attention for its advanced AI models, particularly the recently launched R1 model, which reportedly rivals those developed by major U.S. firms…