In 2022, under the pseudonym “an ordinary little pig”, the founder of artificial intelligence (AI) start-up DeepSeek quietly donated 138 million yuan (US$19 million) to Chinese charities. The name, a nod to Wang Xiaobo’s dark-humour short story “A Maverick Pig”, reportedly masked the true identity of Liang Wenfeng, a man whose quantum trading operation was facing mounting regulatory pressure.
On January 28 that year, Liang’s hedge fund High-Flyer Quant issued a statement to the…
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https://www.scmp.com/tech/policy/article/3297827/how-ai-start-deepseek-upended-industry-assumptions-and-changed-chinas-narrative
