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Times of India·3 min read·medium

Chinese AI founder Anthropic and OpenAI complained about is now richest AI billionaire

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Chinese AI founder Anthropic and OpenAI complained about is now richest AI billionaire
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Liang Wenfeng, founder of the Chinese AI startup DeepSeek, has become the world's richest AI billionaire following a funding round that valued his company at $50 billion. This growth follows accusations from US-based firms OpenAI and Anthropic that DeepSeek improperly used their models to accelerate its own development.

Why it matters

The rise of DeepSeek highlights the intense global competition in AI development and the ongoing controversy surrounding data scraping and model distillation practices.

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​DeepSeek founder and CEO Liang Wenfeng has become the world's richest founder of an AI model startup. This comes after the Chinese company's latest funding round more than doubled his estimated net worth, the Bloomberg Billionaires Index claims. The development comes months after DeepSeek was accused by US AI companies, including Anthropic and OpenAI, of improperly using their AI models to improve its own systems. According to a Bloomberg report, Liang's net worth is estimated at $36 billion, up from about $16.7 billion, placing him ahead of Anthropic co-founder and CEO Dario Amodei and OpenAI co-founder Greg Brockman among the founders of AI model companies.​In February, OpenAI accused DeepSeek of using techniques to replicate capabilities developed by OpenAI and other US AI companies.

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