2026 · Reuters (citing Yicai)
Founder says DeepSeek prioritises AGI over profit, likely to keep top models open-source, Yicai reports
DeepSeek's leadership articulated a strategic priority on advancing toward artificial general intelligence as a long-term objective, weighing that goal ahead of near-term profit maximization, a framing that accompanied the company's open-source model-release cadence.
2026 · Investor/Pass Founder Ledger
Group 7 - Recent breakouts — Group Context
Kai-fu-lee belongs to Group 7 - Recent breakouts. The recent-breakouts group covers founders whose prominence rose sharply in the 2020s — collectibles and IP licensing (Pop Mart), open-source AI (DeepSeek), and applied AI ventures (01.AI) — a cohort shaped by the post-2022 generative-AI wave and China's consumer-brand internationalization.
2026 · Investor/Pass Founder Ledger
Liang Wenfeng — Founder Ledger Overview
Liang Wenfeng — founder profiled in the Chinese Founder Ledger — is documented as follows: zhejiang University-trained engineer who co-founded quantitative hedge fund High-Flyer, built large-scale computing infrastructure that later supported AI research, and founded AI company DeepSeek in July 2023, which gained international attention with the January 2025 release of DeepSeek-R1. The profile is grounded in the 3 sources indexed for this founder.
2026 · Introl
DeepSeek V4 Targets Coding Dominance with Mid-February
Liang Wenfeng's DeepSeek deepSeek's V4 model arrives mid-February 2026 with Engram memory architecture, targeting Claude and GPT supremacy in code generation.
2026 · Investor/Pass Founder Ledger
Liang Wenfeng — Founder Ledger Overview
Liang Wenfeng's role is documented as: co-founder of quantitative hedge fund High-Flyer; Founder and CEO of DeepSeek Wikipedia states Liang 'is the co-founder of the quantitative hedge fund High-Flyer, as well as the founder and CEO of its artificial intelligence company DeepSeek'; a July 2026 Reuters/Yicai report corroborates his continued role as DeepSeek's founder addressing investors (research date: 2026-08-23).
2026 · Reuters (citing Yicai)
Founder says DeepSeek prioritises AGI over profit, likely to keep top models open-source, Yicai reports
Released the DeepSeek-R1 model and chatbot in January 2025 under open-weight licensing, and per the July 2026 Yicai-reported investor meeting, committed to keeping the company's most advanced future models open-source rather than maximizing near-term profit.
2026 · Reuters (citing Yicai)
Founder says DeepSeek prioritises AGI over profit, likely to keep top models open-source, Yicai reports
As of July 2026, DeepSeek's open-source strategy remained in effect per Liang's reported investor remarks, though the eventual profitability and competitive.
2025 · Wikipedia
Liang Wenfeng
Liang attended Zhejiang University, earning both bachelor's and master's degrees in engineering, and began his career applying machine-learning methods to quantitative finance before co-founding High-Flyer.
2025 · Wikipedia
Liang Wenfeng
Through High-Flyer, Liang built large-scale computing infrastructure originally for quantitative finance that was later repurposed to support AI research, leading to DeepSeek's founding in July 2023.
2025 · Wikipedia
Liang Wenfeng
In July 2026, Bloomberg News reported Liang had become the world's wealthiest founder of an AI-model company, with a net worth of $36 billion per the Bloomberg Billionaires Index; in 2025 he was named to Time's list of 100 Most Influential People in AI and Fortune's Most Powerful People in Business.
2025 · Wikipedia
Liang Wenfeng
Founded DeepSeek in July 2023, funded and owned by High-Flyer, to pursue AI research building on High-Flyer's existing computing infrastructure.
2025 · Wikipedia
Liang Wenfeng
DeepSeek's R1 release was described as 'upending AI' due to its comparatively low training cost and compute usage relative to established Western rivals, and was noted as geopolitically significant given ongoing US semiconductor trade restrictions on China.
2024 · Nextomoro
DeepSeek | nextomoro
Liang Wenfeng's DeepSeek deepSeek's January 2025 release of R1 disrupted prevailing assumptions about the cost of frontier capability, and its April 2026 V4 release .
2024 · Meta-intelligence
DeepSeek V4 and R2 Deep Dive | Meta Intelligence - 超智諮詢
Liang Wenfeng's DeepSeek 2023, Liang formally established DeepSeek, positioning it as a pure research laboratory with artificial general intelligence (AGI) as its .
2024 · Wikipedia
DeepSeek
DeepSeek's January 2025 release of the DeepSeek-R1 model drew international attention for demonstrating performance comparable to OpenAI's GPT-4 and o1 while reportedly using significantly lower training costs (the company claims about $6 million to train its V3 model, versus OpenAI's reported ~$100 million for GPT-4) and roughly one-tenth the compute of Meta's comparable Llama 3.1 model.
2024 · Emerald
DeepSeek's innovative breakthroughs and choice between
Liang Wenfeng's DeepSeek initializing from the V3 model and sharing the V3 architecture, DeepSeek was planning to release its first chatbot application, the DeepSeek-R1 .