China’s AI scene explodes as DeepSeek adoption and job demand hit record highs
BEIJING, Jan 21 — Before DeepSeek shook up the tech world and put Chinese artificial intelligence on the map, Wu Chenglin’s own startup had nearly folded three times—but in the past year it has raised $30 million. The January 2025 release of a low-cost generative AI model from DeepSeek that performed at a similar level to…