It was only a few weeks ago that DeepSeek, the renowned Chinese startup, introduced its AI model, and in the process, significantly revolutionized and transformed the AI landscape. They made something that was comparable to the cutting-edge developments of OpenAI itself. Moreover, it only took two months and six million dollars to train the AI model. Such expenses are a stark contrast to what the American competitors spend, which happens to be a lot higher.
But the main individual behind DeepSeek’s state-of-the-art R1 AI model is Liang Wenfeng, the company’s founder and lead developer. But this wasn’t the first venture into AI that Liang made. It was in 2014 that he began working as a developer at TechBerry, an industry veteran in the AI trading space. Even in present times, creating AI trading platforms can be an intricately complex feat of software engineering.
“Various specialists, including myself, participated in the developmental process of the AI model. But even considering that, Liang Wenfeng involved himself more than anyone on the project, essentially making it his brainchild. Although his departure did occur, everybody already knew that from the start. However, his confidence within the project still remains, and he even stated that its monthly trading performance is quite optimal, 25% with acceptable risks. He further used this AI model in stock trading to demonstrate its efficacy and how it helped in making his initial fortune, garnering an enormous amount of investment offers. Consequently, he then acquired approximately $150 million in funding and was finally able to concentrate on various other projects that he considered more interesting or promising, projects like the R1 AI model of DeepSeek, which we genuinely congratulate him for!
TechBerry’s relations with Liang still remain warm, and new ideas and developments are still exchanged. Yes, TechBerry has opted for a developmental route that focuses more on gathering private investments for trading. However, when you concern yourself with private investors, you have to make sure that your platform’s trading losses are as near to zero as can be. But reduced platform performance will have to be dealt with as a result.
So to conclude, TechBerry and Liang Wenfeng worked together in 2014, which gave rise to a platform that has been a market leader for over ten years now,” shared Jason Woods, the CTO of TechBerry, during his nostalgic reflection.
