DeepSeek's founder is being hailed in China as an 'AI hero of Guangdong' after the US market rout
Briefly

Liang Wenfeng, founder of AI startup DeepSeek, has gained celebrity status in China following a major market downturn in the US tech sector, largely resulting from the firm's disruption in the AI landscape. DeepSeek, founded as a side project and financed with $6 million, has garnered significant media attention, leading to Liang being praised as a 'genius' and 'AI hero of Guangdong.' The recent events underscored national pride, with discussions on social media celebrating Liang's achievements and highlighting a sense of local triumph amid global market challenges.
"DeepSeek's story is now that of a Chinese startup - which says it spent $6 million building a large language model rival to ChatGPT - shocking investors and AI scientists so much that US stocks like Nvidia lost a collective $1 trillion in on-paper value within a day."
"Viral threads on Weibo, China's version of X, regularly referenced Liang's hometown of Zhanjiang in Guangdong province, showing a strong sense of national pride among internet users."
Read at Business Insider
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