The 40-year-old founder of China's DeepSeek, an AI startup that has startled markets with its capacity to compete with industry leaders like OpenAI, kept a low profile as he built up a hedge fund that now manages a reported $8 billion in assets.

Liang Wenfeng’s quantitative hedge fund firm apologized profusely to investors for losing money during a tumultuous period for China’s stock market.Most Read from BloombergTexas HOA Charged With Discr

Liang Wenfeng is the founder of DeepSeek, the Chinese AI startup potentially upending the industry. Here's everything to know about the hedge funder.

DeepSeek, a Chinese AI lab, has Silicon Valley reeling with its R1 reasoning model, which it claims uses far less computing power than those of American