Players Frontier lab Hangzhou, China Founded 2023 Part of High-Flyer

DeepSeek

Chinese lab backed by the hedge fund High-Flyer. Its open-weight R1 reasoning model reset assumptions about the U.S.–China gap.

DeepSeek publishes weights and technical reports for its models under permissive licenses. For a U.S.-focused record it is the reference point for how close to the U.S. frontier a lab operating under export controls can get. It kept releasing open-weight V4 models through 2026.

deepseek.com

In the record.

2025

  1. Model release

    DeepSeek releases R1 reasoning model with open weights

    Hangzhou-based DeepSeek published R1 and six distilled variants under the MIT license, claiming performance on par with OpenAI's o1 on math, code and reasoning.