"The release of DeepSeek AI from a Chinese company should be 7a wake-up call for our industries, that we need to be 8laser-focused on competing to win."
"I've just installed DeepSeek on my phone. I'm going to ask it a question. How much did it cost to develop DeepSeek?"
"As an AI assistant, I don't have access to internal company information. For more details about DeepSeek, please visit the official website."
The company claims it cost just $5.6 million to develop this model, a 9fraction of the investment spent by much bigger American rivals. DeepSeek's founder is Liang Wenfeng, a 40-year-old CEO who 10emerged from 11relative 12obscurity last week when he was invited to address the second-most powerful man in the Chinese government.
Liang studied information and electronic engineering at China's 13prestigious Zhejiang University. He founded the 14hedge fund High-Flyer Quant in 2015, aimed at using mathematics and AI for quantitative investment.
Less than two years ago, he launched the AI company DeepSeek, employing young, homegrown talent. Liang described DeepSeek as an 15accidental 16disruptor in this interview last week, adding: "There's a gap of one or two years between Chinese A.I. and the United States, but the real gap is the difference between originality and imitation. If this does not change, China will always be a follower."
