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How DeepSeek’s ‘nerdy’ billionaire stunned Silicon Valley

How DeepSeek’s ‘nerdy’ billionaire stunned Silicon Valley

Hedge fund manager and entrepreneur Liang Wenfeng built an AI model on a tight budget despite a US attempt to halt China’s high-tech ambitions.

DeepSeek’s success has reignited concerns that big US companies have poured too much money into developing artificial intelligence. Bloomberg

A small Chinese artificial intelligence lab stunned the world this month by revealing the technical recipe for its cutting-edge model, turning its reclusive leader into a national hero who has defied US attempts to stop China’s high-tech ambitions.

DeepSeek, founded by hedge fund manager Liang Wenfeng, released its R1 model last Monday, explaining in a detailed paper how to build a large language model on a bootstrapped budget that can automatically learn and improve itself without human supervision.

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Original URL: https://www.afr.com/world/asia/how-deepseek-s-nerdy-billionaire-stunned-silicon-valley-20250128-p5l7mc