Part 5/9:
The Ownership and Backing of Deep Seek
A key element to consider in understanding Deep Seek's operations is its ownership structure. It has emerged that the company is backed by a hedge fund, High Flyer, which raises questions about the motivations behind its claims and the potential financial strategies involved. Some have speculated that the firm may utilize its AI developments to manipulate perceptions in the market, especially concerning major companies like Nvidia.
On a broader scale, China's investment strategy in AI is underscored by significant state backing. The Bank of China, for instance, has announced plans to inject substantial funds into bolstering its domestic AI industry, indicating a national agenda to enhance China's technological self-sufficiency.