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Founder says DeepSeek prioritises AGI over profit, likely to keep top models open-source, Yicai reports

Summary by WTVB
BEIJING, July 23 (Reuters) - The founder of Chinese AI startup DeepSeek said the company is prioritising the development of long-term artificial general intelligence over maximising profit, state-owned ​media outlet Yicai reported on Thursday.

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“The only difference between the U.S. and us is just one thing: computing resources.” Liang Wenfeng, the founder of DeepSeek, the Chinese AI startup that caused the “DeepSeek shock” in the AI industry, identified computing resources such as Graphics Processing Units (GPUs) as the key variable in the U.S.-China AI competition. He stated that the monopolistic power of the Nvidia AI chip ecosystem is gradually wavering, and the Chinese AI chip ecos…

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Founder says DeepSeek prioritises AGI over profit, likely to keep top models open-source, Yicai reports

·London, United Kingdom
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Liang Wenfeng, CEO of leading Chinese artificial intelligence (AI) company DeepSeek, has declared war on Silicon Valley's tech giants. Unlike OpenAI's Sam Altman and Anthropic's Dario Amoudi, he is not interested in making a profit...

·Kozhikode, India
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WTVB broke the news on Thursday, July 23, 2026.
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