DeepSeek, a Chinese AI lab, has Silicon Valley reeling with its R1 reasoning mannequin, which it claims makes use of far much less computing energy than these of American AI leaders — and, it’s open supply. The DeepSeek app has shot to the highest of the App Store charts this week, dethroning ChatGPT.
But who’s Liang Wenfeng, the chief of the corporate so disruptive that it despatched Nvidia shares tumbling? According to The Wall Street Journal, DeepSeek isn’t the entrepreneur’s first firm. In 2013, a couple of years after graduating from college, Liang based the funding agency Jacobi, the place he wrote AI algorithms to choose shares. Two years later, he began High-Flyer, the AI-supported hedge fund that backs DeepSeek and that, in line with the WSJ, presently manages $8 billion.
Liang distinguishes himself from different AI founders by making his product free and open supply; with the backing of his personal hedge fund, he doesn’t appear to wish the additional cash.