Hangzhou, Dec 23 (V7N)— Artificial Intelligence (AI) remains the hottest topic globally, with a new contender, DeepSeek, entering the race. Based in Hangzhou, China, the startup is already making waves as it faces fierce competition from established players like OpenAI’s ChatGPT and Google Gemini, according to a Gulf News report.

DeepSeek, described by its creators as a "mysterious force," aims to redefine China's position in the global AI landscape. Its ambitions extend beyond building a language model, targeting the creation of Artificial General Intelligence (AGI)—a system capable of understanding and performing any intellectual task like a human. The company sees AGI as a tool to unlock the unknown secrets of intelligence.

Hangzhou, traditionally renowned for tea and silk, has transformed into a technological powerhouse, hosting giants like Alibaba. DeepSeek adds to this dynamic ecosystem, aspiring to be a leader in AI innovation.

The company’s efforts are backed by significant funding, with over $100 million raised from Chinese venture capital firms and strategic investors. A key supporter is Hi-Flyer, one of China’s largest quantitative funds, founded in 2015.

DeepSeek is led by Liang Wenfeng, the founder and CEO, who previously established Hi-Flyer. Under Liang’s leadership, the company is taking bold steps toward a future where AI becomes as ubiquitous as drones and electric vehicles.

DeepSeek’s mission is not just about competing in the current AI market but about paving the way for AI to be seamlessly integrated into daily life. By focusing on AGI, the company aims to push the boundaries of what artificial intelligence can achieve.

With its innovative goals and substantial backing, DeepSeek is set to challenge the dominance of Western AI giants and carve out its place in the global AI industry. As the competition heats up, all eyes will be on Hangzhou to see how this rising star performs.

END/RH/AJ