ETtech Explainer: What is DeepSeek, China's competitor to OpenAI?
OpenAI, Google, Meta, and Amazon dominating the artificial intelligence (AI) discourse, a little-known and scrappy Chinese AI lab—DeepSeek—has entered the chat.
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What is DeepSeek?
DeepSeek is a Chinese AI startup specialising in open-source large language models (LLMs). It recently garnered significant attention following the successful launch of its LLM, DeepSeek V3, which demonstrated impressive capabilities.
When launched in December 2024, DeepSeek V3 demonstrated superior performance across benchmarks compared to leading models from OpenAI, Anthropic, and Meta. This includes excelling in coding, mathematical problem-solving, and even identifying code errors.
A fortnight later, the company unveiled DeepSeek R1, which caused a stir in the tech world. It showcased advancements in reasoning and problem-solving that were on par with or better than many existing models.
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