The secret to startup’s rapid AI success

Amy Hawkins

Who is behind DeepSeek and how did it achieve such an impressive feat in such a short time? Founded in May 2023, the startup is the passion project of Liang Wenfeng, a millennial hedge fund entrepreneur from south China’s Guangdong province. Part of its success appears to come from the fact it is designed as a purely research-focused organisation, not a commercial, profit-driven enterprise. In an interview with Chinese media last year, after the debut of an earlier AI model that had caused a buzz, Liang said: “Our principle is not to lose money, nor to make huge profits … our starting point is not to take advantage of the opportunity to make a fortune, but to be at the forefront of technology and promote the development of the entire…

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Guardian Weekly (Digital) - 1 Issue, 7 February 2025

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