Chinese AI developer DeepSeek ‘ruined’ the world’s rich, net worth reduced by 9 lakh crore rupees in 24 hours
American market scared by China’s DeepSeek, big blow in one day, NVIDIA shares fell 17%
Artificial intelligence: DeepSeek Founder Liang Wenfeng: Chinese AI developer DeepSeek has stunned many giants of the world. DeepSeek’s DeepSeek-R1 model has surpassed ChatGPT. Due to this, the shares of many AI-based American companies fell drastically on Monday. Know who created DeepSeek:
Table of Contents
Highlights
• DeepSeek has created a stir in many markets including America
• Chat became the highest rated app by surpassing GPT
• Liang Wenfeng founded AI startup DeepSeek
Artificial intelligence:Who created DeepSeek
Chinese AI developer DeepSeek has spread all over the world. It has shaken the foundation of Silicon Valley as it emerged as a new force. Not only this, DeepSeek has created a stir in many markets around the world including America. There has been a huge decline in the wealth of many rich people of the world. The question comes that what is this DeepSeek and who created it.
Artificial intelligence: What is DeepSeek?
This is a Chinese AI startup. This startup is known for its unique innovation. Its founder is Liang Wenfeng. This startup recently released its AI chatbot DeepSeek-R1. Within a short time of its release, it became a hit in the market. It became the highest rated free app on Apple’s App Store in the US, leaving behind OpenAI’s ChatGPT.
Artificial intelligence: Only 6 million dollars were spent
Many people are liking this AI assistant model. According to a Reuters report, this DeepSeek-R1 powered AI chatbot was trained using Nvidia’s H800 chips. In such a situation, its cost was less than 6 million dollars (about Rs 52 crore). At the same time, about 10 times more money has been spent in making ChatGPT.
Artificial intelligence:Who is Liang Wenfeng?
Liang Wenfeng is the founder and CEO of DeepSeek. His father was a teacher in a primary school in China. 40-year-old Liang was born in Zhanjiang, China. In the early days of school, he had a passion for learning new things. Along with this, he used to start finding a solution to the problem he saw. Liang’s early education was quite ordinary, but later he studied in many prestigious institutions. Here he strengthened his hold on Artificial Intelligence.
Artificial intelligence: Created many companies
After completing graduation, Liang founded several companies related to AI business. He founded Hangzhou Yakebi Investment Management in 2013 and Zhejiang Jiuzhang Asset Management Company in 2015. He also launched High-Flyer AI in 2019, a venture that manages assets worth more than 10 billion yuan. After this, he founded DeepSeek in 2023. It is focused on developing AGI.
