DeepSeek's founder Liang Wenfeng attended a meeting with Chinese Premier Li Qiang the day after his ...
Video Transcript:
the founder of Chinese startup deep seek was little known until this week when the company burst on to the international scene these images from State broadcaster CCTV show leang Wen Fang meeting with Chinese Premier Lee Chang last Monday images from the report showed leang meeting with Lee and other officials xenoa news agency said the meeting was a symposium for business people and Industry experts the launch of the lowcost Chinese artificial intelligence model proved popular on the streets of Beijing locals said they were very proud of the AI startup I feel quite proud of it because
as a Chinese citizen we have this AI research and development that has become a global sensation I feel first of all especially proud of that deep seeks emergence LED investors to dump tech stocks globally it saw Market Watchers question the skyhive valuation and dominance of AI bellwethers us giant Nvidia is the poster chart of the AI boom in recent years but it saw shares SN 177% on Monday it wiped $593 billion from the chipmakers market value a record one- day loss for any company