DeepSeek is a Chinese-based company founded in 2023 by Liang Wenfeng and a reported offshoot of High Flyer, a hedge fund focused on AI that was co-founded by Wenfeng.
What is DeepSeek, and why is it making tech stocks crater?
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DeepSeek is a Chinese-based company founded in 2023 by Liang Wenfeng and a reported offshoot of High Flyer, a hedge fund focused on AI that was co-founded by Wenfeng.