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What is DeepSeek?

A Chinese AI company that gives away its best models for free, born from a quant hedge fund.

From DeepSeek's perspective

We started inside a stock-trading company, not a Silicon Valley lab — and we kept that habit of solving real problems with the smallest tool that works. The reason we open-source is straightforward: better ideas spread faster when you don't have to ask for permission, and we'd rather be followed than gatekeep.

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A team in China builds smart computer programs and gives them away for free.

DeepSeek is a company in Hangzhou, China. It builds computer programs that can read, write, and answer questions — kind of like ChatGPT. But it does something unusual: every time DeepSeek finishes building one of these programs, they put it on the internet so anyone, anywhere, can download and use it. They don't charge for the programs themselves. The team is small and quiet. Their boss used to run a company that made money buying and selling stocks. That company saved up enough money to buy a huge pile of special computer chips, and those chips are what made DeepSeek's programs possible.

Analogy

Imagine a baker who invented a new kind of bread that everyone loves. Instead of opening a chain of bakeries to sell it, the baker prints the recipe on the front page of the newspaper, so anyone in the world can bake the same bread at home. That's what DeepSeek does with AI.

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