In 2017, China watched in awe — and shock — as AlphaGo, an artificial intelligence program backed by Google, defeated a Chinese prodigy at a complex board game, Go. The decisive loss to a foreign computer program, which had similarly trounced a South Korean player, was a sort of Sputnik moment for China. That year, … Read more
In technology, many entrepreneurs get only one defining act. Liang Wenfeng, the founder of DeepSeek, is already on his second. The engineer, described by colleagues as introspective, first made his mark in China’s investment world in the late 2010s, cofounding a hedge fund that used artificial-intelligence models to deliver strong returns and attracted billions of … Read more
Stock markets fell sharply on Monday, dragged down by fears that advances in artificial intelligence by Chinese upstarts could threaten the moneymaking power of American technology giants. The Chinese A.I. company DeepSeek has made waves by matching the capabilities of cutting-edge chatbots while using a fraction of the specialized computer chips that leading A.I. companies … Read more