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by h0l0cube 495 days ago
> "Well, it's because they're so talented and brilliant [...]"

It's interesting to draw comparisons between Sam Altman and Liang Wenfeng, CEO of Deepseek, the latter of which is a domain expert, the former an exalted entrepreneur, supposedly gifted in allocating capital. If Sam has just been lucky with his one bet so far, there's bound to be some market corrections that are going to shake the world just like in the dotcom burst.

1 comments

Deepseek is run by a hedge fund and they are 100% in it for the money and not the culty AI doom BS, which helps a bit.
Wenfeng built a quantitative trading company upon his search to utilize AI for financial gain. He then leveraged his earnings to take a moonshot on buying a mother lode of NVidia chips – in 2021, prior to the US export bans and the release of ChatGPT – to develop a next generation of AI. Open AI led the way, and Wenfeng was perfectly placed to learn from them and do something better, and, ironically, be more open than OpenAI. Perhaps Deepseek knew they couldn't make money by gatekeeping the model as OpenAI would quickly catch up, or perhaps it was Wenfeng's personal call to make and he just wanted the rest of the world – not just OpenAI, not just the US – to have a fighting chance before the world economy is about to be upended. Or more likely, Deepseek are holding an even more secret sauce that they are using for AI trading.
Dunno. In an interview:

Liang Wenfeng:... Providing cloud services isn’t our main goal. Our ultimate goal is still to achieve AGI.

idk but action speaks better than anything else.