With new models continuously appearing to challenge market leaders like OpenAI's ChatGPT, Google's Gemini, and Anthropic's Claude, the AI environment is changing quickly. The Chinese AI startup DeepSeek, which debuted in December 2023, is among the most intriguing newcomers to this market. DeepSeek has rapidly garnered popularity while being relatively new, going up against well-established titans.
Their most recent model, DeepSeek-R1, is causing havoc across the world and performs somewhat worse than OpenAI and Google together. Focusing on efficiency, cost, and open-source innovation, DeepSeek has established itself as a worthy rival to ChatGPT. These are the reasons, I think.