Founded in 2023,
DeepSeek (深度求索) aims to make General Artificial Intelligence (AGI) a reality, addressing essential questions about long-term sustainability in tech by utilizing advanced models like
DeepSeek-R1 and
DeepSeek-V3. Unlike its Western counterparts, which often require exorbitant amounts of funding for AI development, DeepSeek reportedly achieved significant breakthroughs with a mere
$5.5 million investment. This stunning cost-efficiency has sent ripples through the industry, causing U.S. tech stocks to tumble as fears grow about the competitive edge that DeepSeek may have over American companies.