
Up until last week, Liang Wenfeng was a relatively unknown figure. The 40-year-old founder of the Chinese AI startup DeepSeek had kept a low profile, just one of many passionate quantitative minds in tech. Now, he has burst onto the global stage, with Silicon Valley heavyweights like Elon Musk, Sam Altman, and OpenAI investor Joshua Kushner eagerly watching and anticipating Liang's next move. In a matter of two weeks, DeepSeek’s AI assistant has overtaken rival ChatGPT as the top-rated free app on Apple's U.S. App Store.
Liang’s DeepSeek breakthrough has propelled him to the forefront of China’s AI industry, challenging the narrative that the country lags behind U.S. tech giants. DeepSeek’s latest AI model is reportedly on a par with—or even superior to—industry-leading models in the U.S., all at a fraction of the cost. A report from Liang’s firm claims that training DeepSeek-V3 required less data and significantly lower expense than its competitors, though some skeptics have questioned these findings.