DeepSeek
Hangzhou-based Chinese AI company that releases open-weight language models
Profile
- Country
- China
- Headquarters
- Hangzhou, Zhejiang
- Founded
- July 2023
- Founders
- Liang Wenfeng
- Type
- Unlisted limited company (founder-controlled; spun off from hedge fund High-Flyer)
DeepSeek is an artificial intelligence company headquartered in Hangzhou, Zhejiang Province, China. Its official name is ‘Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd.’, and it was established in July 2023. It was spun off as an independent company by High-Flyer, a quantitative hedge fund (a fund that invests using mathematical models) that founder Liang Wenfeng co-founded in 2015. DeepSeek is not listed on a stock exchange, and according to company registration records from April 2026, Liang held about 84% of the shares directly and indirectly. Having long avoided outside investment, it raised outside money for the first time in June 2026, and Reuters reported that Tencent and the battery maker CATL took part. In September of the same year, it was reported to have begun preparing for a listing on Shanghai's STAR Market for technology companies. As of October 2026, its CEO is Liang Wenfeng.
DeepSeek runs a chatbot website and smartphone app. For developers and businesses, it provides an API (a channel through which other programs call on a model's functions) and charges according to use. As of September 2026, API prices differ between busy and quiet times, and quiet-time prices are half the busy-time rate. It also releases its model files, so other companies and researchers can install and run them themselves. CNBC has described Liang as set on achieving artificial general intelligence (AGI, AI that can handle as wide a range of tasks as people).
In January 2025, DeepSeek released DeepSeek-R1, a reasoning model (a model that thinks step by step before answering), which drew wide attention. In April 2026 it released a preview of DeepSeek-V4. The larger model, 'V4-Pro', has 1.6 trillion parameters and the smaller 'V4-Flash' has 284 billion, and both can read up to 1 million tokens (pieces of text) at once. Both use a mixture-of-experts (MoE) design, which uses only part of the model for each question. In September 2026 it released V4.1-Flash (552 billion parameters), which understands both text and images, and switched its API from the V4 models to this model. The model card for V4.1-Flash states that the repository and the model weights are licensed under the MIT License.
Sources for this profile (8) · as of Nov 1, 2026
- DeepSeek增资!梁文锋直接持股大幅上升 · 每日经济新闻 (National Business Daily), citing Tianyancha registry data
- China's DeepSeek has taken the world by storm. Here are the brains powering the AI sensation · CNBC (republished by NBC Los Angeles)
- China's DeepSeek reportedly raises $7.4B in funding at $50B valuation · SiliconANGLE
- China's DeepSeek taps CITIC Securities for domestic IPO · Reuters (via Business Standard)
- DeepSeek releases official V4 Pro model as it steps up expansion · Reuters (via Investing.com)
- DeepSeek V4 Preview Release · DeepSeek API Docs
- DeepSeek-V4.1-Flash: Smarter, Faster, More Efficient · DeepSeek API Docs
- DeepSeek-V4.1-Flash model card (deepseek-ai/DeepSeek-V4.1-Flash) · Hugging Face (DeepSeek)
AIMade by AIThis profile was written by AI (Claude) from the 8 sources above (official pages, filings, news reports).How it's made
Records 20
Newest first. Open one to see it with its source.
2026 3
A case of pushing the diagnosis that the bottleneck for agent workloads has shifted from compute to KV-cache storage and bandwidth through the entire model design. Using different active parameters for prefill and decode
At 27% of the per-token FLOPs and 10% of the KV cache of V3.2, it made 1M context something supported all the time
Re-entered the frontier while keeping MIT
2025 10
Open-weight reasoning models; DeepSeek claimed V3.2-Speciale reached gold-level results at IMO, IOI and other 2025 competitions
97% OCR precision at compression below 10×, about 60% at 20×. A shift in thinking: images as a medium for compressing context
Puts fine-grained sparse attention into a commercial API and cuts long-context costs
The first frontier LLM to appear in a journal after formal peer review. A crack in the practice of relying on corporate technical reports
Billed by DeepSeek as its first step toward the agent era; the API's deepseek-chat and deepseek-reasoner became the non-thinking and thinking modes of one model, merging what had been separate V3 and R1 offerings
The first primary source on the unit economics of inference. DeepSeek itself cautioned that this is an upper bound assuming all usage is paid, and that actual revenue is much lower
Released, one per day over 5 days, working proof of large-scale EP, PD disaggregation and FP8
Moved sparsity from the inference stage to the pretraining stage
Proved that reasoning ability is not a secret recipe of closed labs; self-checking, re-examination and strategy switching emerged. The same report also published the RLVR recipe and a recipe for transferring the capabili
Reasoning models were immediately reproduced as open weights, and 2 Chinese labs declared their pursuit of the frontier on the same day
2024 6
Established low-precision pretraining at frontier scale
Drew attention with its claim of extreme training-cost efficiency. The model weights themselves moved to MIT only with DeepSeek-V3-0324 in March 2025
Productized the prefix cache; an internal serving optimization surfaced in the API price list
An open-weight code model that DeepSeek claimed matched GPT-4 Turbo on code-specific tasks
A third path, distinct from MQA and GQA, that compresses KV into a low-dimensional latent
Group relative policy optimization without a value function later became the de facto standard for RL in reasoning models
2023 1
A general-purpose DeepSeek model released down to its intermediate checkpoints; DeepSeek claimed the 67B Base outperformed Llama 2 70B Base in reasoning, coding, math and Chinese comprehension