Founded in May 2023 by Liang Wenfeng, a prominent figure in the hedge fund industry, DeepSeek is a relatively new player in the AI realm. The company operates independently and is funded through Wenfeng’s hedge fund High-Flyer. This unique funding model has allowed DeepSeek to pursue ambitious AI projects without the pressure of external investors. Early on, they released the
DeepSeek Coder, an open-source model designed for coding tasks. The excitement only grew from there, particularly with the introduction of their large language model, DeepSeek-V2, and the latest models, DeepSeek-V3 & DeepSeek-R1, which have made waves for their efficiency and capabilities.