DeepSeek Founder Hailed In China As 'Genius' After US Market Rout
The market rout sparked largely by panic over the cost-effectiveness of DeepSeek's AI model has given Liang Wenfeng a burst of stardom in China.
As US tech stocks roiled on Monday from the hype about Chinese startup DeepSeek, the company's founder is being lauded as a hero back home. Hedge fund manager Liang Wenfeng, who started the artificial intelligence firm as a side project in 2023, went viral on Chinese social media on Tuesday largely because of the rout.
DeepSeek's cost-effectiveness was a…
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