A closer look at the quantitative hedge fund whose profits paved the way for DeepSeek.
Liang Wenfeng, founder of DeepSeek, delivers the keynote speech during the 10th China Private Equity Golden Bull Awards, August 30, 2019, in Shanghai, China. Credit: VCG via Getty Images
The sudden emergence of DeepSeek as a global leader in artificial intelligence has been one of the surprises of 2025 so far. Just as remarkable is the path the Chinese firm has taken from high finance to high tech in less than ten years.
High-Flyer Quant's official website.
DeepSeek is not the first Chinese company to successfully pivot from one industry to another, moves often made to reflect Beijing’s policy preferences. In DeepSeek’s case, that meant blossoming from the stem of High
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