China celebrates DeepSeek’s breakout AI success as tech race heats up | CNN

People across China have taken to social media to hail the success of its homegrown tech startup DeepSeek and its founder, after the company unveiled its newest artificial intelligence model, sending shock waves through Silicon Valley and Wall Street.
Lolita Steuber · 1 day ago · 2 minutes read


China's Tech Triumph: DeepSeek Shakes Silicon Valley

The Rise of a Chinese AI Pioneer

DeepSeek, a cutting-edge Chinese tech startup, has sent shock waves through the global AI industry. Its latest model has surpassed Google, Meta, and OpenAI in capabilities, while costing a mere fraction of their investments.

Liang Wenfeng, DeepSeek's visionary founder, has become a symbol of China's growing innovation prowess. His model is estimated to have cost less than $6 million to build, compared to the multi-billion-dollar investments of its American rivals.

A "Sputnik Moment" for China

Tech investor Marc Andreessen and former U.S. President Donald Trump have hailed DeepSeek's breakthrough as a "Sputnik moment" for China. The rivalry between the two superpowers has intensified in the tech realm, especially in AI, where the U.S. has recently restricted Chinese firms' access to AI-powering chips.

Liang Wenfeng: A Domestic Tech Innovator

Liang Wenfeng, born in the 1980s, hails from a humble background in southern China. He studied engineering at Zhejiang University and went on to found High-Flyer Quant, an AI-oriented hedge fund.

At DeepSeek, Liang has hired solely domestic talent and kept his AI models open source, fostering collaboration and innovation within China. His vision is to change China's culture around innovation, which he believes has been stagnant due to a reliance on模仿.

DeepSeek's Team and Culture

Despite its success, DeepSeek remains a relatively small operation with around 140 researchers and engineers. They work collaboratively in a culture that emphasizes experimentation and access to high-quality computing power.

"Innovation first requires confidence," Liang says. "This confidence is usually more obvious in young people."

Challenges and the Future

DeepSeek, like other Chinese firms, faces challenges posed by U.S. tech export controls. Liang notes that acquiring high-end chips has been an obstacle, but he remains optimistic about China's ability to compete in the future.

As China prioritizes self-reliance in technology, DeepSeek's success is seen as a potential model for fostering homegrown innovation and challenging the dominance of Western tech giants.