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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.
A view of Guangzhou, in China’s southern Guangdong province. Photo: Shutterstock
Artificial intelligence

Home province of DeepSeek, Moonshot founders seeks to retain future AI talent

After losing top founders in artificial intelligence to rivals, the southern province aims to better attract, retain talent.

Artificial intelligence

Back in the Harness: DeepSeek continues its pivot towards agentic AI

DeepSeek

China’s DeepSeek tests AI ‘harness’ as cheap V4 model jolts Silicon Valley

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DeepSeek

DeepSeek founder Liang Wenfeng’s surprising philosophy revealed in leak

Tech founders are not known for ‘restraint’. But a transcript shows Liang Wenfeng is chasing an ultimate goal in AI, not short-term gains.

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DeepSeek founder Liang Wenfeng says his company sets prices to earn only a reasonable profit. Photo: Weibo
Science

Fields Medallists lead new wave of young Chinese scientists in global research

Wang Hong and Deng Yu’s historic Fields Medal win illustrates China’s decades-long investment in scientific talent pipeline, say advocates.

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Semiconductors

Chinese memory giant CXMT oversubscribed 212 times in mega Shanghai IPO

Nearly 10 million investor accounts apply for a rare listed proxy on Beijing’s semiconductor self-reliance drive.

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China’s private sector

China records most new unicorn start-ups in 5 years as AI and robotics boom

The pace is the fastest since 2021 though momentum for some start-ups remains uncertain, according to a new report.

A man stands next to a poster of a humanoid robot during the China International Supply Chain Expo in Beijing on June 25, 2026. Photo: AFP
Artificial intelligence

DeepSeek on hiring spree – seeks newcomers, not just AI geniuses

The Chinese AI giant is looking to double in size as it seeks to become a ‘driving force’ in the creation of artificial general intelligence.

Artificial intelligence

DeepSeek’s Harness team rushes to join the global AI agent race

Chinese AI start-up recruiting talent to build cutting-edge autonomous agents that adapt foundational language models into commercial tools.

Artificial intelligence

How DeepSeek’s landmark funding cements founder’s grip amid heated AI rivalry

Liang remains committed to pursuing artificial general intelligence (AGI) – a vision he reinforced to investors repeatedly last month.

Liang’s decision to lead the round would ensure he still steers the direction of the firm after bringing in external investors. Photo: Shutterstock Images
DeepSeek

Letters | What DeepSeek’s US$7 billion fundraise means for Hong Kong

Readers discuss an international gateway for China’s AI ecosystem, energy-efficient AI models, a crackdown on distracted driving, and today’s Hong Kong.

People try out DeepSeek’s AI model in the Wensan Digital Life Block in Hangzhou, Zhejiang province in 2025. Photo: Xinhua
DeepSeek

China’s DeepSeek nears US$7 billion haul in first-ever funding round

DeepSeek’s founder and CEO Liang Wenfeng is reportedly committing around 20 billion yuan of his own capital.

My Take

My Take | It is ingenuity, not theft, that makes Chinese AI great

US curbs on China’s access to top chips forces it to work smarter and better. Claims of stealing and cheating stem from ignorance and arrogance.

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China economy

Opinion | Beyond subsidies: what’s really driving China’s industrial climb

Engineers, supply chain depth and policy execution matter as much as spending for countries chasing advanced manufacturing.

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Employees put a robot through its paces at the Qingdao Humanoid Robot Data Training Centre in Qingdao, Shandong province, on March 23. Photo: Xinhua
Artificial intelligence

DeepSeek mystery: who is speaking for start-up amid CEO Liang Wenfeng’s absence?

Researcher Chen Deli is emerging as DeepSeek’s new public face as speculation over the whereabouts of the company’s founder and CEO lingers.

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DeepSeek’s logo is reflected in the glasses of a student. The company recently released its V4 model. Photo: Getty Images
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

Beijing signals stronger push to embed AI in manufacturing as premier meets rising start-up founders and industry leaders.

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US-China tech war

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

Debate over whether it is ‘less than 20%’ misses the point. The right question is: does innovation work better under disciplined scarcity or profligate abundance?

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It’s a mistake to treat the AI race as a contest with one finish line. Photo: Shutterstock
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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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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A mechanical horse dragon spits fire during a parade on December 16, 2023, in Hangzhou in China’s Zhejiang province. Photo: Getty Images
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.

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