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Liang Wenfeng

(梁文锋)

Liang Wenfeng
梁文锋
The latest news and top stories on Liang Wenfeng. An alumnus of Zhejiang University with a background in electronic engineering and computer vision, he co-founded High-Flyer, a prominent quantitative hedge fund utilising artificial intelligence in finance. Pivoting to AI, he established DeepSeek in 2023.
DeepSeek CEO Liang Wenfeng is pursuing ambitions in artificial general intelligence – AI capable of matching human performance across a wide range of tasks. Photo: Shutterstock
Artificial intelligence

DeepSeek isn’t short of cash: so why has it decided to raise funds anyway?

DeepSeek is raising a small funding round not for cash, but to set a valuation benchmark and retain talent as rivals ramp up poaching.

Artificial intelligence

China’s Li Qiang hosts Moonshot AI chief, urges faster industrial AI roll-out

US-China tech war

Opinion | How to assess China’s real chance of winning AI race against US

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Two Sessions 2026

How China could narrow a tech hub’s income gap – and avoid Silicon Valley’s fate

As tech mecca Zhejiang province sees wealth soar on the back of robotics, gaming and AI, Beijing hopes to avert a wide income disparity.

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An employee works on the production line of the Tashan hip-assisted exoskeleton at a workshop in Hangzhou, capital of Zhejiang province. Photo: China News Service/VCG via Getty Images
Trending in China

Why tech billionaires enjoy rock star treatment in China compared to the US

From personal foibles to that particular look or ability to charm, the business success of global moguls can rest on setting a narrative.

China technology

Opinion | How Hangzhou’s tech ecosystem nurtures dragons and rockets

It’s not one factor but a ‘rainforest’ of policy, capital, talent, universities and research institutions operating within clear boundaries.

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Artificial intelligence

Baidu launches Ernie 5.0 as firm’s AI assistant users reach 200 million a month

The Beijing-based company’s most advanced AI model can process text, images, audio and video.

A ranking published by LMArena showed Ernie-5.0-0110 came first among Chinese models and eighth globally in text performance. Photo: Shutterstock
Artificial intelligence

China signals global AI push as MiniMax CEO joins meeting with Premier Li Qiang

Last January, DeepSeek founder Liang Wenfeng met the Chinese premier in the same setting following the start-up’s rapid rise to prominence.

Artificial intelligence

DeepSeek stays mum on next AI model release as technical papers show frontier innovation

Hangzhou-based start-up’s technical papers bode well for potential advances in its next major AI models.

Artificial intelligence

DeepSeek founder’s latest paper proposes new model training to bypass GPU limits

The development underscores the start-up’s focus on maximising cost efficiency amid a deficit in computational power relative to the US.

The new technical paper will be widely read by industry insiders both in China and the US for signs of progress at DeepSeek. Photo: Shutterstock Images
Artificial intelligence

DeepSeek founder’s High-Flyer ranks among China’s top hedge-fund firms in 2025

Hangzhou-based High-Flyer ranks second among China’s 10 top-performing large hedge-fund managers last year.

Quant funds, such as Hangzhou-based High-Flyer, made up the 10 top-performing large hedge-fund firms in China in 2025. Photo: Shutterstock
DeepSeek

Core team of Chinese researchers behind AI model R1 remains intact: DeepSeek

The 18 core scientists behind R1 continue to power the start-up’s AI ambitions and capabilities amid growing anticipation of a new release.

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Artificial intelligence

DeepSeek pitches new route to scale AI, but researchers call for more testing

DeepSeek’s proposed ‘mHC’ design could change how AI models are trained, but experts caution it still needs to prove itself at scale.

Artificial intelligence

China takes confident strides to develop more AI innovation in 2026

‘China’s tech innovation is poised for policy-driven growth in 2026, with AI placed at the centre of the country’s economic agenda,’ NYU’s Winston Ma says.

Illustration: Henry Wong
Artificial intelligence

DeepSeek proposes fundamental AI shift with ‘mHC’ architecture to upgrade ResNet

The paper comes at a time when most AI start-ups have been focusing on turning AI capabilities in LLMs into agents and other products.

The DeepSeek paper triggered interest and debate among developers despite its dense technical details. Photo: Reuters
Artificial intelligence

DeepSeek opens 2026 with paper signalling race to train bigger models for less

DeepSeek has published a technical paper co-authored by founder Liang Wenfeng proposing a rethink of its core deep learning architecture.

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Artificial intelligence

DeepSeek’s Liang Wenfeng among top 10 ‘people who shaped science in 2025’

British journal Nature’s top 10 list gives credit to the man behind the widely acclaimed, Chinese-developed R1 reasoning AI model.

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DeepSeek

DeepSeek founder Liang Wenfeng cleans up on chip firm Moore Threads’ IPO

Liang’s quantitative hedge fund, High-Flyer, subscribes to more than 80,000 Moore Threads shares, which saw a stellar trading debut in Shanghai.

Liang Wenfeng, the founder and CEO of artificial intelligence start-up DeepSeek. Photo: Shutterstock
Xiaomi

Chinese AI prodigy Luo Fuli joins Xiaomi as competition for talent heats up

The ex-DeepSeek researcher is known for being a key contributor to the development of the AI start-up’s V2 model last year.

DeepSeek

China’s DeepSeek makes rare comment, calls for AI ‘whistle-blower’ on job losses

Remarks by CEO Liang Wenfeng’s delegate highlight potential dangers of race to build superintelligent systems.

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Artificial intelligence

DeepSeek sets example for AI firms to have work peer reviewed, experts say

There could be more submissions by Chinese tech firms to world-leading journals, according to Shanghai-based AI researcher Zhu Xiaohu.

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DeepSeek’s peer-reviewed article in British journal Nature serves as a guidepost for other AI firms. Photo: Shutterstock
Artificial intelligence

DeepSeek warns of ‘jailbreak’ risks for its open-source models

Industry benchmarks as well as its own tests were used to evaluate its models, according to an article in the academic journal Nature.

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DeepSeek found that all tested models exhibited “significantly increased rates” of harmful responses when faced with jailbreak attacks. Photo: dpa
DeepSeek

DeepSeek sheds light on data collection for AI training

DeepSeek says data in pre-training stage is mainly collected from publicly available online information and authorised third-party data.

Artificial intelligence

My Take | DeepSeek’s data format innovation fans fresh hopes of more disruption

DeepSeek’s incremental progress is significant as it has created a new trajectory for China to achieve AI supremacy.

DeepSeek

DeepSeek’s upgraded AI model absorbs reasoning feature in agentic shift

The V3.1 update lays the groundwork for the model to support AI agents, DeepSeek says.

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Chinese start-up DeepSeek says its upgraded AI model merges both reasoning and non-reasoning capabilities. Photo: dpa
DeepSeek

DeepSeek’s V3.1 update sparks speculation over fate of next AI model

The Chinese start-up has introduced only a few incremental updates in recent months, while competitors have released new models.

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DeepSeek has released a new update of its V3 model. Photo: AFP
China stock market

China stocks reach 10-year high as savers seek escape from low rates

Shanghai shares have climbed to the highest since 2015 as low valuations and a lack of alternatives lure cautious savers into stocks.

DeepSeek

Speculation grows on DeepSeek’s next AI model after OpenAI’s GPT-5

DeepSeek has reportedly delayed the launch of its R2 model owing to challenges in training it with Huawei chips.

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