Chinese AI Startup DeepSeek Founder to Meet with Top Politicians
Summit with Chinese Leaders and Alibaba Founder
Chinese AI startup DeepSeek founder Liang Wenfeng is reportedly set to meet with China’s top politicians, including Chinese leader Xi Jinping, during a summit that Alibaba founder Jack Ma is also expected to attend.
The summit, which could happen as soon as next week, may be intended as a signal by China’s Communist Party that it aims to adopt a more supportive stance toward domestic private-sector firms, according to Bloomberg. In 2020, Chinese authorities effectively prevented Alibaba from executing what would have been the biggest public offering in history.
DeepSeek’s Rise to Prominence
Liang, who founded DeepSeek in 2023 as a subsidiary of his quantitative hedge fund, High-Flyer, rose to prominence last month after DeepSeek’s openly available AI models showed strong performance against leading models from OpenAI and other American AI companies. U.S. officials have raised concerns over the explosive popularity of DeepSeek’s models and services, which they perceive as a threat to the U.S.’ pole position in the AI race.
FAQs
Q: What is DeepSeek?
A: DeepSeek is a Chinese AI startup founded by Liang Wenfeng in 2023.
Q: Who is expected to attend the summit with Chinese leaders?
A: Alibaba founder Jack Ma is also expected to attend the summit.
Q: Why is the summit significant?
A: The summit may signal China’s Communist Party’s supportive stance towards domestic private-sector firms.
Q: What concerns have U.S. officials raised about DeepSeek?
A: U.S. officials are concerned about the threat posed by DeepSeek’s models and services to the U.S.’ position in the AI race.
Credit: techcrunch.com
