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DeepSeek founder Liang Wenfeng puts focus on Chinese innovation

  • Liang Wenfeng, founder of DeepSeek, aims to close the AI gap between China and the U.S., shifting from hedge fund management to tech.
  • DeepSeek's AI model quickly topped download charts, outperforming rivals like OpenAI's ChatGPT in benchmarks.
  • The release of DeepSeek's model caused a significant selloff in U.S. Tech stocks, impacting billionaires' fortunes.
  • Liang emphasizes that China must transition to being a leader in AI, citing challenges like the U.S. Embargo on semiconductors.
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