HIGHLIGHTS

A new name is emerging in the artificial intelligence sector—Liang Wenfeng, the visionary behind DeepSeek.

His innovative AI platform has rapidly ascended to become the most downloaded free application in the U.S., even surpassing ChatGPT.

This unforeseen rise has not only disrupted the AI landscape but has also triggered significant shifts in global financial markets.

A fresh face is making headlines in the realm of artificial intelligence—Liang Wenfeng, the founder of DeepSeek. Within a remarkably short time, his AI platform has risen to become the leading free app download in the U.S., even eclipsing ChatGPT in popularity. This sudden emergence is shaking up the AI sector and has initiated considerable movements in worldwide financial markets, impacting some of the most prominent technology firms.

The genius behind DeepSeek

Liang Wenfeng, a 40-year-old entrepreneur, boasts a remarkable background intertwining finance expertise and pioneering AI advancements. He completed his studies at Zhejiang University and co-founded High-Flyer, a quantitative hedge fund, in 2015. During his tenure at High-Flyer, Liang utilized AI-driven machine learning techniques to forecast market trends and facilitate more informed investment choices.

Additionally, explore: Is Deepseek transmitting data to China? Here’s what its privacy policy reveals

Liang’s fascination with AI intensified in 2021 when he began acquiring thousands of Nvidia graphics processors. At that point, many presumed it was merely a personal venture, particularly as the U.S. government imposed stricter regulations on AI chip exports to China. Nevertheless, Liang had larger aspirations. Despite skepticism from colleagues, he remained resolute and ultimately launched DeepSeek.

How DeepSeek is altering the landscape

The meteoric rise of DeepSeek has had extensive repercussions on global markets, particularly in the United States. The platform’s ascent played a significant role in a 17 percent plunge of Nvidia’s stock prices. As a result, the Nasdaq Composite, a critical index for U.S. tech stocks, also experienced a 5 percent decline, resulting in a loss of more than $1 trillion in market capitalization.

Additionally, check out: Discover Janus-Pro-7B: DeepSeek’s free AI-driven image generation tool

This paradigm shift underscores that AI is not merely a technological advancement; it carries significant economic implications. As China progresses in its AI capabilities, the competition between the U.S. and China in this sector is intensifying. The success of DeepSeek marks a transformative period in this rivalry, demonstrating that groundbreaking startups possess the potential to disrupt established industry giants and redefine global market dynamics.

With DeepSeek at the forefront of the AI revolution, the global audience is keenly observing the developments that lie ahead.