DeepSeek, a Chinese AI firm, has gained instant notoriety. In a single day, it has rocked the global AI sector. As a result, Nvidia, the top American chip manufacturer in the world, has lost around $600 billion in a single blow. It also had an effect on AI businesses in india at the same time. Liang Wenfeng, the creator of DeepSeek, has billions of rupees in net worth.
Who is Liang Wenfeng?
China's AI company DeepSeek is renowned for its original inventions. DeepSeek's founder and CEO is Liang Wenfeng. DeepSeek-R1, the startup's AI chatbot, was just released. Shortly after its debut, it earned positive reviews from users and overtook OpenAI's ChatGPT as the top-rated free software in the US on Apple's software Store.
A model made at a low cost
Liang spent relatively little money developing this chatbot approach. It cost less than $6 million, or around Rs 52 crore, but ChatGPT took more than $60 million to create. However, Google's AI chatbot has also been quite expensive. DeepSeek's concept became a global debate issue because of its low cost.
It's a two-year-old company
DeepSeek, Liang's business, is only two years old. In 2023, he initiated it. But prior to that, he founded many artificial intelligence-related businesses. He established Zhejiang Jiuzhang Asset Management Company in 2015 after founding Hangzhou Yakebi Investment Management in 2013. In 2019, he also founded High-Flyer AI, a business that manages assets worth over 10 billion yuan.
Other AI firms were significantly impacted by DeepSeek's success. Chip manufacturer Nvidia's stock dropped 17%. AI businesses in india also failed on Tuesday. Anant raj Ltd.'s stock fell 20% in the circuit. The value of Netweb Technologies India's shares fell by 10%. Zen Technologies' stock dropped more than 14% at the same time.
How much is Liang's net worth?
Liang, the creator of DeepSeek, has a net worth that is not well known to the general public. The Chemical City Paper website states that Liang, 40, has a net worth of $3.2 billion, or around Rs 28,000 crore. He attributes his achievement to his family, which includes his wife and two kids.
Who is Liang Wenfeng?
China's AI company DeepSeek is renowned for its original inventions. DeepSeek's founder and CEO is Liang Wenfeng. DeepSeek-R1, the startup's AI chatbot, was just released. Shortly after its debut, it earned positive reviews from users and overtook OpenAI's ChatGPT as the top-rated free software in the US on Apple's software Store.
A model made at a low cost
Liang spent relatively little money developing this chatbot approach. It cost less than $6 million, or around Rs 52 crore, but ChatGPT took more than $60 million to create. However, Google's AI chatbot has also been quite expensive. DeepSeek's concept became a global debate issue because of its low cost.
It's a two-year-old company
DeepSeek, Liang's business, is only two years old. In 2023, he initiated it. But prior to that, he founded many artificial intelligence-related businesses. He established Zhejiang Jiuzhang Asset Management Company in 2015 after founding Hangzhou Yakebi Investment Management in 2013. In 2019, he also founded High-Flyer AI, a business that manages assets worth over 10 billion yuan.
Other AI firms were significantly impacted by DeepSeek's success. Chip manufacturer Nvidia's stock dropped 17%. AI businesses in india also failed on Tuesday. Anant raj Ltd.'s stock fell 20% in the circuit. The value of Netweb Technologies India's shares fell by 10%. Zen Technologies' stock dropped more than 14% at the same time.
How much is Liang's net worth?
Liang, the creator of DeepSeek, has a net worth that is not well known to the general public. The Chemical City Paper website states that Liang, 40, has a net worth of $3.2 billion, or around Rs 28,000 crore. He attributes his achievement to his family, which includes his wife and two kids.
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