January 28, 2025
How this ‘nerdy’ billionaire stunned Silicon Valley
Eleanor Olcott and Zijing Wu
Jan 28, 2025 – 8.12am
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A small Chinese artificial intelligence lab stunned the world this month by revealing the technical recipe for its cutting-edge model, turning its reclusive leader into a national hero who has defied US attempts to stop China’s high-tech ambitions.
DeepSeek, founded by hedge fund manager Liang Wenfeng, released its R1 model last Monday, explaining in a detailed paper how to build a large language model on a bootstrapped budget that can automatically learn and improve itself without human supervision.
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Financial Times