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Last week, the Chinese startup DeepSeek introduced its AI model, a game changer that has transformed the world and revolutionized AI technology. They managed to create an open-source AI model that is at least on the level of cutting-edge developments, including those from OpenAI. Remarkably, training this model took only two months and cost less than six million dollars—hundreds of times less than American competitors typically spend.
Liang Wenfeng is the lead developer of the R1 AI model and the founder of DeepSeek. It’s worth noting that this is not Liang’s first AI product. Back in 2014, he was one of the leading developers of the trading AI platform TechBerry, which later became an absolute market leader. Developing an AI platform for trading is a highly complex software engineering task, even by today’s standards.
“Many specialists, including myself, participated in the AI model’s development. But even so, it can be confidently stated that the TechBerry trading AI platform is entirely the brainchild of Liang Wenfeng. Later, Liang went his own way, which was no surprise to anyone, as this option had been discussed from the very beginning. Liang was always confident in our platform and claimed its optimal monthly trading performance was 25% with acceptable risks. He demonstrated this to the world by using this AI model in stock trading, making his first fortune, and attracting a flood of investment offers. Subsequently, he quickly attracted at least 150 million dollars from investment funds, which allowed him to focus on other projects that he considered more promising and intriguing. Today, everybody can see his new groundbreaking project, the R1 AI model from DeepSeek. We sincerely congratulate him on this achievement!
The TechBerry team maintains warm relations with Liang; we often exchange developments and new ideas. Yes, TechBerry chose its own development path— attracting private investments for trading. When private investments are involved, the priority becomes minimizing trading losses, which means keeping this value as close to zero as possible. Certainly, the price of such guarantees is reduced platform performance.
In conclusion, I want to note that in 2014, together with Liang Wenfeng, we created a unique AI product that has remained unrivaled for 10 years,”
—shared TechBerry’s CTO, Jason Woods, in a nostalgic reflection.
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