DeepSeek AI – CTRSpace

China’s New Tech Star? DeepSeek AI’s Founder Gets a Hero’s Welcome

Posted on February 3, 2025 by ctrspace

DeepSeek founder, not a common man anymore?

Let’s find out!

Liang Wenfeng, the founder of DeepSeek, returned to his hometown in Guangdong, China, for the Lunar New Year. Where locals were praising his success with admiration. He was protected by bodyguards showing his high status.

But he really made a fortune out of just ‘DeepSeek’?

No, that’s not true! Wenfeng, now a billionaire at 40, originally made his fortune through his hedge fund, High-Flyer. After graduating from Zhejiang University, he co-founded the quantitative hedge fund High-Flyer in 2015 and incorporated AI in its trading strategies to predict market trends and help make smart and better investment and financial decisions.

Liang didn’t just stop at an undergraduate degree. No, he was just getting started. In 2010, he earned a Master of Engineering in information and communication engineering, a field that would serve as a springboard for his future ventures.

The reason behind the popularity of Liang Wenfeng:

DeepSeek. A simple yet realistic answer. In 2021, he bought thousands of Nvidia chips as part of an AI side project, then launched DeepSeek in 2023. Not only AI chatbot, but his locality and exceptional track background also play a huge role in his influence and popularity.

Liang Wenfeng Achievements

DeepSeek’s AI breakthrough

DeepSeek. A simple yet realistic answer. In 2021, he started buying thousands of Nvidia chips as part of an AI side project, then launched DeepSeek in 2023. The founder worked on the agenda of ‘making AI accessible for everyone’ Powerful AI models can be built using fewer and less powerful Nvidia chips (of course, funds too) Can change the entire AI development landscape in China, where access to high-end U.S. chips is restricted. Also, His work is seen as one of China’s chip shortage solutions, making AI more accessible despite tech restrictions.

Exceptional track background

Not only AI chatbot, but his locality and exceptional track background also play a huge role in his influence and popularity. A top student in school with a dire love of math, comic books and being a football fanatic. His success not only makes him but makes the whole hometown feel proud.

But why doesn’t he get a stardom like Elon Musk or Bill Gates?

In China, high-profile tech CEOs often attract government scrutiny. Chinese tech billionaires like Jack Ma (Alibaba) and Pony Ma (Tencent) faced ultimate consequences like political pressure after becoming too powerful. He stays lowkey and out of the spotlight to avoid being in trouble.

Next Jack Ma on the way?

But there are some questions in everyone’s mind:

Will Liang Wenfeng’s Success Lead to the Same Fate as Jack Ma?
Could DeepSeek AI’s success put Wenfeng at risk of political intervention like Alibaba and Tencent?
Will Liang be able to handle success maturely?
Time will surely unfold this mystery.

Stay Tuned to learn more.

DeepSeek AI Shocks U.S. Markets: Why Nvidia Lost $590 Billion Overnight

Posted on January 30, 2025 by ctrspace

What Happened?

DeepSeek against U.S. tech giants? Of Course, you heard it right. They’ve developed a large language model that can give tough competition at a much lower cost. This development gave the U.S. a shock as they had restricted China’s access to advanced AI chips, yet Apple App Store DeepSeek still managed to find its way.

Tech stocks crashed: The S&P 500 tech sector fell 5.6%, its worst drop since 2020.
Nvidia suffered the most: Its market value dropped by $590 billion, a massive loss, while Nvidia’s CEO Jensen Huang lost $20.8 billion in net worth.
Top executives lost billions: Oracle’s Larry Ellison saw a $27.6 billion drop in net worth.
AI-related energy stocks were hit too: Vistra Corp, an independent power producer, dropped 28.3% because investors considering Deepseek’s hype thought that AI infrastructure demand might not be as strong as expected.

Impact of DeepSeek AI on the U.S. Stock Market:

Significant Impact, For sure.

What’s the actual reason behind this?

The announcement of AI competition from China raised concerns that it could be a strong competitor to Nvidia, Broadcom, and Google. This projection created panic in investors, who sold off their stocks, causing prices to fall sharply.

Has everyone out there faced the loss?

Not exactly, even though tech stocks crashed more than half (351) of the S&P 500 companies gained value on Monday. This even shows big tech stocks’ influence over the entire market. Even though the Dow Jones Industrial Average, which relies less on tech, ended the day with a small gain.

What are people saying?

This isn’t just a win for China – it’s a GAME CHANGER. DeepSeek’s success shows the U.S. can no longer claim undisputed tech dominance. – The Saviour on his recent thread on X.

U.S. vs China. Who will win the A. I race? Who will dominate the global market? Or any other ‘Surprise’ Startup will go ahead with both. Indeed, time will unfold this heated mystery.

Revival of US Tech Stocks Ignited after DeepSeek’s AI sell-off

Posted on January 29, 2025 by ctrspace

DeepSeek’s AI revolution has revived tech stocks. American tech stocks experienced a rebound after undergoing one of the most significant drops in their history, following the Chinese market’s surprise by DeepSeek. After NVIDIA market value was wiped out by $593 billion in a single day, it led towards the tech rebound. It maintained its previous highs by stabilizing at $128.99, with technology shares recovering from Nvidia’s dominance in AI chips. Higher-performing semiconductor technology companies with advanced power and infrastructure industries collectively lost more than $1 trillion. Meanwhile, investors were searching for deals following the recent global recession caused by the low-cost artificial intelligence model.

DeepSeek’s Effect:

The release of an AI assistant by China’s DeepSeek, which costs less than other AI models and requires less data, caused resentment among tech stocks worldwide. Despite doubts, DeepSeek’s claims of its cost were still widely discussed and caught worldwide attention. The Tech Sector Index saw a 3.6% increase. A 9.2% decline in the previous session, the Philadelphia Semiconductor Index gained 1% during the rebound. Following a 13.8% drop, Oracle bounced back with 3.6% of its earnings after a 13.8% drop, while Broadcom and Marvell Technology posted modest gains. As reported by Vanda Research, Nvidia’s decline was seized by retail investors, with an unprecedented $562.2 million increase in retail buy-ins.

At a Miami conference, Steven Cohen, the founder of Asset Management, declared that the outcome of DeepSeek is favorable as it supports the move toward artificial intelligence. Despite the downturn in Nvidia, options traders were eager to continue trading at high prices as the chipmaker’s shares rebounded on Monday. The selloff of AI-related stocks may cause investors to be more cautious. Despite the advent of more affordable AI designs, advanced chips will still be necessary to meet the demand for high-performance AI and economically sensitive products like DeepSeek.

Chaotic Market, an aftershock of DeepSeek:

China’s sudden entry into the AI market has rekindled the perception that the Chinese were behind their larger American competitors. The decrease in value indicates the amount of invested capital within a small group of stocks trading above their price on the market. A massive flow of capital into the equities market, driven by excitement over artificial intelligence (AI), has led to an estimated $10 trillion increase in market valuations for the “Magnificent Seven” companies since the launch of the AI boom with ChatGPT in November 2022. Market leaders, including Apple, played a significant role in the tech index surge, with the company’s new tab opening up 3.7% and giving Nasdaq its second-largest boost after Nvidia.

The index’s performance was primarily attributed to Meta, formerly Facebook, advancing to 2.2% daily gains for the seventh consecutive day, while Microsoft added 2.9% to the momentum. Some experts argue that AI can have positive and other negative impacts, motivate innovations in different areas, and disrupt markets. China’s potential involvement in AI development is back in the discussion, while some U.S. tech companies warn against letting China lead after DeepSeek’s success. While AI still reigns in the technology arena, the battle between cost-effective AI models and modern chip technology has been dragging on forever. Investors and stakeholders have intensified their insights into the AI arms race, which is now gathering strength because of heightened competition.