What is DeepSeek? Why is it creating a stir worldwide, know the details!

DeepSeek has become a hot topic all over the world at this time. Every technologically advanced country including America is keeping an eye on it. Big tech companies are worried about DeepSeek, which has created a stir in the field of Artificial Intelligence (AI) in a very short time. This new technology has even caused fluctuations in the stock market. Speculations suggest that its emergence could be a warning sign for many companies.

But what exactly is DeepSeek, and how does it work? Why is there so much discussion about it? Is it going to be a big challenge for many big tech companies in the world?

What is DeepSeek?

DeepSeek is a Chinese artificial intelligence company based in the southeastern city of Hangzhou. According to Sensor Tower, a market intelligence platform for mobile apps, the company was launched in July 2023, but its popular AI assistant app was not released in the US until January 10.

DeepSeek is a Chinese start-up founded and owned by Chinese stock trading firm Hi-Flyer. Its goal is to build AI technology along the lines of OpenAI's ChatGPT chatbot or Google's Gemini. By 2021, DeepSeek had acquired thousands of computer chips from US chipmaker Nvidia, a fundamental part of any effort to build powerful AI systems.

Who is the founder of DeepSeek?

Liang Wenfeng, a Chinese entrepreneur and businessman started DeepSeek by raising investors through hedge funds. Wenfeng is the co-founder of the hedge fund company High-Flyer.

He is a 40-year-old information and electronic engineering graduate. He reportedly built a store using Nvidia A100 chips.

Experts believe that he launched DeepSeek with a collection of around 50,000 chips. He used these chips along with cheaper and lower-end chips that are still imported from China.

Why is DeepSeek being discussed worldwide?

When DeepSeek introduced its DeepSeek-V3 model the day after Christmas, it matched the capabilities of the best chatbots from American companies like OpenAI and Google. The world's top companies usually train their chatbots with supercomputers, which use 16,000 or more chips. DeepSeek engineers said that they only needed 2,000 Nvidia chips.

DeepSeek created a stir all over the world because it has created a very powerful AI model at a very low cost, which is even less than the estimates of many AI experts. Due to this, the shares of tech companies are falling in the US stock market.

How is DeepSeek different?

DeepSeek is a new technology or processor architecture designed specifically for AI processing. It is different from a normal Graphics Processing Unit (GPU) or Central Processing Unit (CPU) because it is specifically optimized for dedicated AI workloads. It delivers better performance with less energy than traditional processors. It can process heavy and complex AI algorithms faster. It is more suited for machine learning and deep learning models.

The emergence of DeepSeek can prove to be a turning point in the global artificial intelligence industry. Its cutting-edge technology, ability to develop powerful AI models at low cost and features that give better performance in fewer resources are making it a big challenge for other companies. The US and other technologically advanced countries are constantly monitoring it, and many big tech companies are also growing concerned about its impact. It will be interesting to see how far DeepSeek progresses in the world of AI in the coming times and to what extent it affects the global tech industry.

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