What is unique about DeepSeek AI model? Features, cost, US ban - details here

Chinese AI startup DeepSeek is now grabbing Silicon Valley's attention after demonstrating breakthrough artificial intelligence models that offer comparable performance to the world’s best chatbots at a low cost, reported Bloomberg.

The chief of AI-driven quant hedge fund High-Flyer Liang Wenfeng founded DeepSeek in 2023. The company develops AI models that the developer community at large can inspect and improve the software, according to Bloomberg. DeepSeek's mobile app surged to the top of the iPhone download charts in the US after its release in early January.

DeepSeek USP

The company's uniqueness is that it articulates its reasoning before delivering a response to a prompt. DeepSeek claims its R1 release offers performance on par with OpenAI’s latest and has granted licenses for individuals interested in developing chatbots using the technology to build on it, as per Bloomberg.


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Low-cost model

The cost of training and developing DeepSeek’s models is considered to be only a fraction of what’s required for OpenAI or Meta Platforms Inc.’s best products. The company has revealed the cost.

According to Bloomberg, DeepSeek has highlighted that its R1 model is performing just as well, if not better, than other leading models in several key benchmarks. The benchmark includes AIME 2024 for math tasks, MMLU for general knowledge, and AlpacaEval 2.0 for question-and-answer performance. Additionally, R1 ranks among the top models on the Chatbot Arena leaderboard, which is affiliated with UC Berkeley.

US ban doesn't affect DeepSeek

The US has imposed a ban on exporting advanced technologies like GPU semiconductors to China as it aims to slow the country’s progress in AI. It is a critical area in the US-China technology race. However, DeepSeek’s recent advancements suggest that Chinese AI engineers have found ways to adapt, focusing on improving efficiency even with limited resources. DeeSeek's progress indicates that these trade restrictions may not be fully effective in halting China’s AI development.

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FAQs

Q1. Who is the founder of DeepSeek?
A1. Liang Wenfeng founded DeepSeek in 2023. He is the chief of AI-driven quant hedge fund High-Flyer.

Q2. Is the cost of technology to build DeepSeek lower?
A2. Yes, the cost of training and developing DeepSeek’s models is considered to be only a fraction of what’s required for other chatbots.