DeepSeek AI

Rapid Growth Timeline (2023-2025)

May 2023

Founded by Liang Wenfeng as a spin-off from High-Flyer hedge fund

Nov 2023

Released first model: DeepSeek Coder (open-source)

Jan 2024

Released DeepSeek-MoE models optimized for efficiency

May-Jun 2024

Launched DeepSeek-V2 models with strong performance & lower costs

Dec 2024

Released DeepSeek-V3 with 671B parameters

Training cost: under $6M (vs. ~$100M for competitors)

Jan 2025

DeepSeek R1 app launched, surpassing ChatGPT as #1 in App Store

0 million downloads