Chinese whiz built DeepSeek after big setback and is shaking Wall Street now

Liang Wenfeng's firm, DeepSeek, emerged from the setbacks of his previous hedge fund, leveraging limited resources and local talent to disrupt the global AI supply chain. Despite constraints, DeepSeek's rapid rise has raised questions about AI innovation costs and Chinas competitive momentum. Liang's success challenges the notion that massive investment is essential for groundbreaking technological advancements.