BEIJING-- The high-performance, low-cost synthetic intelligence design released recently by Chinese start-up DeepSeek has actually created a wave of . DeepSeek-R1 appears to provide performance that rivals alternatives from the U.S., but the company states it was developed at less than a tenth of the cost of those designs. Chinese innovation news portal 36Kr interviewed the company's founder, Liang Wenfeng, classifieds.ocala-news.com in July 2024.