This Chinese hedge fund whiz just sent the AI world into a tizzy — Meet DeepSeek’s Liang Wenfeng

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DeepSeek’s Founder Liang Wenfeng demonstrated state-of-the-art artificial intelligence capabilities by achieving what tech giants considered impossible. He developed a competitive AI model for just $5.6 million.

The 40-year-old finance expert started his venture by purchasing thousands of NVIDIA chips in 2021 and evolved from a successful hedge fund manager into a powerful force in the global digital world. His remarkable story started at High-Flyer, China’s first quantitative hedge fund that exceeded 100 billion RMB, which he co-founded in 2015.



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This Chinese hedge fund whiz just sent the AI world into a tizzy — Meet DeepSeek’s Liang Wenfeng



DeepSeek’s Founder Liang Wenfeng demonstrated state-of-the-art artificial intelligence capabilities by achieving what tech giants considered impossible. He developed a competitive AI model for just $5.6 million.

The 40-year-old finance expert started his venture by purchasing thousands of NVIDIA chips in 2021 and evolved from a successful hedge fund manager into a powerful force in the global digital world. His remarkable story started at High-Flyer, China’s first quantitative hedge fund that exceeded 100 billion RMB, which he co-founded in 2015.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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