The new Chinese AI sensation DeepSeek has become the most downloaded app in the US, surpassing ChatGPT. This chatbot was launched by Liang Wenfeng, who has gained fame in China. DeepSeek was launched with a small budget and has shaken Wall Street, while competitors are trying to catch up. Liang founded the company in 2023 and has a background in finance as the director of the hedge fund High-Flyer. The company employs local talents from Chinese universities and uses AI for quantitative trading.
DeepSeek, a new Chinese AI app, overtook ChatGPT in the US.
