Inside Hangzhou’s AI powerhouse: The rise of DeepSeek

DeepSeek, the groundbreaking Chinese AI company based in Hangzhou, has become a global powerhouse, attracting attention from across China and the world. Founded by Liang Wenfeng, the company has rapidly risen to prominence with its game-changing R1 model, which shook the global stock market and disrupted the AI landscape.

Despite Hangzhou’s unassuming exterior, the city has transformed into China’s AI super hub, with DeepSeek leading the charge alongside other emerging tech startups. With government backing, a thriving entrepreneurial ecosystem, and support from industry giants like Alibaba and Tencent, Hangzhou is positioning itself as the heart of China's technological future.

Amid the challenges of an economic slump, DeepSeek’s success represents a new wave of innovation in China’s pursuit of global tech dominance.

#deepseek #openai #ai #china #technology #explainer

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