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Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd.

DeepSeek is a Chinese artificial intelligence company based in Hangzhou that develops large language models. Founded in July 2023 by Liang Wenfeng (梁文鋒), who also co-founded and leads the Chinese hedge fund High-Flyer (幻方), the company gained prominence in January 2025 with the release of its DeepSeek-R1 model. The company made headlines for developing AI models comparable to industry leaders like OpenAI’s GPT-4o but at a fraction of the cost—claiming to have trained its V3 model for just $6 million compared to GPT-4’s estimated $100 million. This cost efficiency, achieved partly in response to US restrictions on Nvidia chip exports to China, sent “shockwaves” through global markets, contributing to a historic $600 billion drop in Nvidia’s market value. DeepSeek’s models are released under MIT License as “open weight” software, though this provides less freedom for modification than true open-source alternatives.

  • Country of Registration:
  • Entity Type:
  • Chinese Name:
    杭州深度求索人工智能基礎技術研究有限公司
  • Founding Date:
    17.07.2023
  • Address:
    167 Huancheng N Rd, Xiacheng District, Hangzhou, Zhejiang, China, 310003
  • Website Link:
  • Current Status:
    Active

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