DeepSeek (Artificial Intelligence Basic Technology Research) is a Chinese artificial intelligence company that develops large language models, founded by
Liang Wenfeng and owned by High-Flyer in May 2023, headquartered in Hangzhou, China.
Founder of DeepSeek
As previously mentioned, DeepSeek was established in July 2023 by Liang Wenfeng, co-founder of High-Flyer and current CEO of both companies. In January 2025, DeepSeek introduced its namesake chatbot along with the DeepSeek-R1 model.
According to Wikipedia data from April 14, 2023, High-Flyer announced the establishment of a research lab dedicated to artificial general intelligence (AGI), emphasizing that its work would be separate from the company’s financial operations. Two months later, on July 17, 2023, the lab was spun off as an independent entity named DeepSeek, with High-Flyer remaining its main investor and supporter.