Founded in
2023 by prominent hedge fund manager
Liang Wenfeng, DeepSeek has quickly positioned itself as a major player in the world of AI. While U.S. export controls aimed at throttling China's AI progress were thought to slow down innovation, they seem to have sparked a tidal wave of creativity. Thus, DeepSeek's release of
DeepSeek-R1, a fully open-source model, is not just a technical achievement but also a strategic maneuver to bolster China’s influence in the global tech arena. According to reports by
Craig S. Smith from
Forbes, DeepSeek's recent successes highlight a broader open-source movement that could catapult China into a leadership role in AI development.