Now that it is all over the internet that DeepSeek, a Chinese AI startup, has introduced a new AI model that has led to the decline in Nvidia stocks, let’s answer this first: What is this startup? Here we are covering all the information so far known about this Chinese AI Startup.
What is DeepSeek – A Chinese AI Startup?
Established in May 2023 by Liang Wenfeng, a well-known figure in both the hedge fund and AI industries, DeepSeek functions unassisted but is only funded by High-Flyer, a quantitative hedge fund that was also founded by Wenfeng.
This exceptional funding model has let DeepSeek seek enterprising AI projects without any stress from any investors. This arrangement has let them prioritize long-term research and development. DeepSeek’s team mostly constitutes young, competent graduates from top Chinese universities, promoting a culture of creation and a deep acumen of the Chinese language and culture. Interestingly, the company’s hiring methods prioritize technical proficiency over conventional work experience, thus building a team of admiringly qualified individuals with a fresh standpoint on AI evolution.
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