1 week ago DeepSeek’s Liang Wenfeng among top 10 ‘people who shaped science in 2025’

DeepSeek’s founder and CEO, Liang Wenfeng, has been listed among the top 10 “people who shaped science in 2025” by the British journal Nature, which hailed the 40-year-old entrepreneur as a “Chinese finance whizz” whose breakthrough artificial intelligence models had stunned the world. The Nature’s 10 profile of Liang recognised the disruption caused in January by the release of DeepSeek-R1, a reasoning model that showed how “the United States was not as far ahead in AI as many experts had...

Politics

1 week ago DeepSeek’s Liang Wenfeng makes the cut in top 10 ‘people who shaped science in 2025’

DeepSeek’s founder and CEO, Liang Wenfeng, has been listed among the top 10 “people who shaped science in 2025” by the British journal Nature, which hailed the 40-year-old entrepreneur as a “Chinese finance whizz” whose breakthrough artificial intelligence models had stunned the world. The Nature’s 10 profile of Liang recognised the disruption caused in January by the release of DeepSeek-R1, a reasoning model that showed how “the United States was not as far ahead in AI as many experts had...

Politics

1 week ago DeepSeek founder Liang Wenfeng cleans up on chip firm Moore Threads’ IPO

Chinese entrepreneur Liang Wenfeng, the founder and CEO of DeepSeek, appears to have made a big score from the initial public offering of chip designer Moore Threads Technology, whose shares surged more than fivefold in its trading debut in Shanghai. High-Flyer Quantitative Fund, a hedge fund co-founded by Liang, had subscribed to a total of 82,244 shares of Moore Threads, at 114.28 yuan per share, via two entities: Zhejiang High-Flyer Asset Management and Ningbo High-Flyer Quant Investment...

Economics

1 week ago DeepSeek founder Liang Wenfeng cleans up on chip firm Moore Threads’ Shanghai IPO

Chinese entrepreneur Liang Wenfeng, the founder and CEO of DeepSeek, appears to have made a big score from the initial public offering of chip designer Moore Threads Technology, whose shares surged more than fivefold in its trading debut in Shanghai. High-Flyer Quantitative Fund, a hedge fund co-founded by Liang, had subscribed to a total of 82,244 shares of Moore Threads, at 114.28 yuan per share, via two entities: Zhejiang High-Flyer Asset Management and Ningbo High-Flyer Quant Investment...

Economics

1 week ago China AI chipmaker MetaX draws more IPO investors than Moore Threads

Shanghai-based chip firm MetaX Integrated Circuits has emerged as the latest star in mainland China’s stock market, with the graphics processing unit (GPU) maker proving to be even more popular among retail investors than peer Moore Threads ahead of its trading debut. MetaX attracted 5.17 million retail investors for its online subscription, giving it a final allotment rate of 0.033 per cent, according to a stock exchange filing on Monday. Beijing-based Moore Threads drew 4.82 million retail...

Economics

2 w. ago Moore Threads aspires to become ‘leading global player’ in AI chips after IPO

Moore Threads, a five-year-old graphics processing unit (GPU) developer created by Nvidia’s former China chief, aspires to become one of the leading global players in artificial intelligence chip development, its founder and CEO Zhang Jianzhong said. Zhang, Nvidia’s China general manager from 2006 to 2020, was quoted as saying by the official Shanghai Securities Journal that the start-up would introduce a new-generation chip each year to provide key hardware for China’s AI development. “Our goal...

Politics

2 w. ago China Chipmaker Moore Threads Soars 502% After $1.1 Billion IPO

China Chipmaker Moore Threads Soars 502% After $1.1 Billion IPO  Yahoo Finance

Economics

3 w. ago Stampede for Moore Threads’ IPO as China flexes its GPU ambitions

Chinese onshore investor frenzy for artificial intelligence chips has intensified, with the initial public offering (IPO) of Beijing-based graphics processing unit (GPU) maker Moore Threads drawing more than 4,000 times subscription from retail investors this week. The red-hot demand for Moore Threads highlights China’s determination to build home-grown alternatives to Nvidia’s chips, and is expected to accelerate listing plans for other domestic GPU developers, from MetaX to Biren...

Politics