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Liang Wenfeng, Founder of DeepSeek. He co-founded High-Flyer in 2015 and founded DeepSeek in 2023.

Special thanks to Xinrou Shu for her help in researching, co-writing and editing on this piece.

Good Morning,

I recently came across this post by of Calling the Shots Newsletter, and I found her coverage of DeepSeek very fulling, as such I asked her to contribute to the topic again with us. (Lately I’m a huge fan of articles on DeepSeek).

  1. How DeepSeek is Forcing China’s Tech Giants to Pivot

  2. What do DeepSeek and Rednote have in common?

  3. DeepSeek’s Rise: Chinese Netizens React

Calling the Shots 📯

Meanwhile there are three or so notable China AI news events I think are worth mentioning.

Zhipu AI funding 💭

One of the most promising AI startups in China, Zhipu AI, has raised more than 1 billion yuan ($137.3 million) in a fundraising round led by local government-backed firms.

  • The investment round includes participation from the government-supported Hangzhou City Investment Group Industrial Fund and Shangcheng Capital.

  • Zhipu AI, founded in 2019 has completed 16 funding rounds, including a 3bn yuan investment in December 2024 from Zhongguancun Science City.

  • Zhipu AI has attracted top AI talent, as well as many graduates from nearby Tsinghua University – China’s equivalent to MIT.

Alibaba reasoning model 🧠

On March 6th Alibaba announced its latest AI reasoning model, QwQ-32B.

  • A powerful new LLM that’s a 32-billion-parameter reasoning model designed to improve performance on complex problem-solving tasks through reinforcement learning (RL).

  • This marks Qwen’s initial step in scaling Reinforcement Learning (RL) to enhance reasoning capabilities and is probably the top open-source reasoning model today.

  • QwQ, short for Qwen-with-Questions demonstrates China’s bleeding edge open-source LLM capabilities that have surprised some in Silicon Valley.

  • Alibaba’s decision to release the model under an Apache 2.0 license ensures that developers and enterprises could freely adapt and commercialize it, reminding as that Qwen (Tongyi Qianwen, an AI research lab within Alibaba Cloud) is a peer performer of DeepSeek.

Manus AI viral agent ✨

Check out the Agent

  • Manus, an “agentic” AI platform that launched in preview last week, is generating more hype.

  • It’s made by a startup called Monica, watch the demo video here. It’s founded by Xiao Hong, a serial entrepreneur and graduate of Huazhong University of Science and Technology. It uses Claude and Qwen in an innovative way, although skepticism about its capabilities remain.

It appears as if DeepSeek, Qwen and products like Manus AI might accelerate application layer innovation in China. It’s very exciting to see Asia involved at the frontiers of innovation and attempt to “do more with less” overall.

DeepSeek articles

sources are a bit random:


Note: My favorite sources of DeepSeek articles in recent weeks are ’s ChinaTalk, ’s AI Proem and Calling the Shots, among others.

  • In this article we’ll explore the top China AI companies and startups.

  • We’ll highlight how DeepSeek has accelerated their investments in AI, adoption of open-source and what it means for China as a whole.

  • We’ll explore Four dragons and Six Tigers of AI.


Read more

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