![What is DeepSeek 'Cheap AI'? When Was It Founded, Who Created and Owns It?](https://cms.knowinsiders.com/stores/news_dataimages/2025/012025/28/20/medium/cf091e48ba2e3fa65ac2ad50e5f717a7.jpg?rt=20250128203626)
What is DeepSeek 'Cheap AI'? When Was It Founded, Who Created and Owns It?
DeepSeek R1, a breakthrough Chinese AI model rivaling GPT-4 and Google’s Gemini, costs just $5.6 million to develop, defying U.S. chip restrictions and shocking the tech industry. Everything to know about DeepSeek.