Everything We Know About DeepSeek — ChatGPT Competitor

DeepSeek, the rising AI nerd from China, is turning heads with its open-source models and groundbreaking technology. Backed by the hedge fund High-Flyer and based in Hangzhou, this ambitious startup is redefining the AI landscape while fueling debates on censorship and the future free access to knowledge

DeepSeek has become quite populal lately. It is a general artificial intelligence created in China. The company is based in Hangzhou, the capital city of Zhejiang Province, which is located very close to Shanghai, on China’s eastern coast. It’s like New York to USA.

Shankshai, photo: Wolfram K: https://www.pexels.com/photo/landscape-photo-of-night-city-745243/

DeepSeek is funded by a hedge fund called High-Flyer Quantitative Investment Management, co-founded by Liang Wenfeng in 2015. Liang, who has a background in finance and trading, is currently acting as DeepSeek’s CEO. While DeepSeek was officially established in 2023, the project traces its roots back to High-Flyer’s early Wolfs of the Wallstreet era.