BEIJING-- The high-performance, low-priced expert system design released recently by Chinese start-up DeepSeek has created a wave of attention around the world. DeepSeek-R1 appears to provide efficiency that rivals options from the U.S., it-viking.ch however the company says it was developed at less than a tenth of the cost of those designs. Chinese technology news portal 36Kr spoke with the company's founder, Liang Wenfeng, in July 2024.