BEIJING-- The high-performance, low-cost expert system design released just recently by Chinese start-up DeepSeek has created a wave of attention worldwide. DeepSeek-R1 appears to provide performance that competitors alternatives from the U.S., akropolistravel.com but the company says it was established at less than a tenth of the cost of those models. Chinese innovation news portal 36 to the business's founder, Liang Wenfeng, in July 2024.