Did the upstart Chinese tech company DeepSeek copy ChatGPT to make the artificial intelligence technology that shook Wall Street this week?
DeepSeek’s AI products have shaken up the American stock market and tech industry—but some experts are questioning how big of a threat the Chinese company really is.
The 40-year-old founder of China's DeepSeek, an AI startup that has startled markets with its capacity to compete with industry leaders like OpenAI, kept a low profile as he built up a hedge fund that now manages a reported $8 billion in assets.
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The man who founded DeepSeek, the artificial intelligence company that rattled the U.S. stock market, is 40-year-old Liang Wenfeng, a former hedge fund manager who said he shifted into tech to close the gap between China and the U.S. in the AI industry.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
China’s AI chatbot DeepSeek has sparked controversy for its refusal to discuss sensitive topics like the Tiananmen Square massacre and territorial disputes. Its advanced capabilities, attributed to possible reverse-engineering of US AI models,
Chinese bloggers, state media and local citizens have welcomed DeepSeek's global success with pride and glee, with some saying the homegrown AI startup's meteoric rise is a sign China is beating back Washington's attempts to contain the country's tech industry.
Government policies, generous funding and a pipeline of AI graduates have helped Chinese firms create advanced LLMs.
Chinese artificial intelligence (AI) startup DeepSeek claims to have developed an AI assistant with performance comparable to leading Western models like OpenAI's ChatGPT and Google's Gemini but at a fraction of the cost.