• News
    • Tech News
    • AI
  • Gadgets
    • Apple
    • iPhone
  • Gaming
    • Playstation
    • Xbox
  • Science
    • News
    • Space
  • Streaming
    • Netflix
  • Vehicles
    • Car News
  • Social Media
    • WhatsApp
    • YouTube
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
TikTok
Snapchat
WhatsApp
Submit Your Content
Mysterious DeepSeek founder spotted in public for first time since company wiped $1,000,000,000,000 off stocks

Home> News> AI

Published 16:12 18 Feb 2025 GMT

Mysterious DeepSeek founder spotted in public for first time since company wiped $1,000,000,000,000 off stocks

It looks like an AI advancement race could be in the near future

Rikki Loftus

Rikki Loftus

Featured Image Credit: VCG/VCG via Getty Images
AI
China
Donald Trump
ChatGPT
Tech News
News

Advert

Advert

Advert

The mysterious DeepSeek founder has been spotted in public for the first time since the company wiped a whopping $1 trillion off stocks.

The founder of the AI company was spotted at a conference in Beijing, China, after he didn’t turn up to last week’s global AI summit in Paris, France.

Liang Wenfeng is the head of the AI tech firm that upended the industry, giving the US some competition in the field.

The DeepSeek founder has been seen in public for the first time since wiping a trillion dollars in stocks (VCG/VCG via Getty Images)
The DeepSeek founder has been seen in public for the first time since wiping a trillion dollars in stocks (VCG/VCG via Getty Images)

Advert

This is because the model run by DeepSeek is a lot cheaper to operate than OpenAI’s ChatGPT and it caused the stock market to drop by over $1 trillion.

OpenAI co-founder Sam Altman responded to the drop on social media.

Posting on X, formerly Twitter, he wrote: “DeepSeek’s R1 is an impressive model, particularly around what they’re able to deliver for the price. We will obviously deliver much better models and also it’s legit invigorating to have a new competitor! We will pull up some releases.”

DeepSeek is powered by the open source DeepSeek-V3 model, with claims it was trained for around $6 million, a fraction the cost of its US counterparts.

Advert

President Donald Trump has declared that this should be a ‘wakeup call’ for the American AI industry, arguing that they should now be ‘laser-focused on competing to win’ in light of DeepSeek’s almost revolutionary developments.

President Trump's Stargate project hopes to push for AI advancement in the US (Andrew Harnik/Getty Images)
President Trump's Stargate project hopes to push for AI advancement in the US (Andrew Harnik/Getty Images)

Trump recently gathered the likes of Altman’s OpenAI, SoftBank and Oracle to launch his $500 billion Stargate project that is focused on the advancement of AI.

The project, where the group intends to build data centers, is expected to ‘instantly’ create 100,000 American jobs and could even create personalized cancer vaccinations in the future.

Advert

Following his post, Altman went on to say that OpenAI is ‘excited to continue to execute on our research roadmap and believe more compute is more important now than ever before to succeed at our mission,’ offering almost an inverse of what DeepSeek’s low-budget approach strives for.

Alman also reiterated his goal for achieving artificial general intelligence, outlining that he ‘look[s] forward to bringing you all AGI and beyond’.

Many people in the replies were more concerned about the short-term though, expressing that Altman has been ‘deepseeked’ after the AI bubble has supposedly popped.

One user wrote: “How about open sourcing your models.”

Advert

Meanwhile, another said they were ‘looking forward to a monthly subscription price reduce’.

It looks like there could soon be a AI advancement race.

Choose your content:

2 hours ago
10 hours ago
  • 2 hours ago

    ChatGPT users freak out as Sam Altman launches 'AI agents' eerily similar to apocalyptic 'AI 2027' prediction

    It's like an AI Nostradamus and Baba Vanga

    News
  • 10 hours ago

    Disturbing simulation shows how much microplastic we consume every week and the result is terrifying

    Paper straws suddenly don't seem so bad

    Science
  • 10 hours ago

    'Coldplaygate' CEO Andy Byron targeted by namesake in viral LinkedIn post as he deletes account

    A man with the same name weighed in on the drama that unfolded at a Coldplay concert

    News
  • 10 hours ago

    How Andy Byron's $1,300,000,000 company could be affected after Coldplay 'catch him with another woman'

    The ultimate being caught in 4K

    News
  • AI company overtakes Apple to become world's first $4,000,000,000,000 company
  • Elon Musk faces critical Tesla decision as China makes groundbreaking 540,000,000-ton lithium discovery
  • AI warns Donald Trump's tariffs could be a 'potential spark' for World War III
  • Donald Trump slams 'trainwreck' Elon Musk as 'off the rails' in savage social media post