DeepSeek-V3 and DeepSeek-R1 are leading open-source Large Language Models (LLMs) for general-purpose tasks and reasoning, achieving performance comparable to state-of-the-art closed-source models from companies like OpenAI and Anthropic -- while requiring only a fraction of their training costs. Understanding the key innovative techniques behind DeepSeek's success is crucial for advancing LLM research. In this paper, we review the core techniques driving the remarkable effectiveness and effic...