For example, a 4-bit 7B billion parameter Deepseek model takes up around 4.0GB of RAM. How it works: DeepSeek-R1-lite-preview makes use of a smaller base model than DeepSeek 2.5, which comprises 236 billion parameters. In 2019 High-Flyer grew to become the first quant hedge fund in China to lift over a hundred billion yuan ($13m). He is the CEO of a hedge fund referred to as High-Flyer, which makes use of AI to analyse financial data to make funding decisons - what is named quantitative trading. Based in Hangzhou, Zhejiang, it is owned and funded by Chinese hedge fund High-Flyer, whose co-founder, Liang Wenfeng, established the company in 2023 and serves as its CEO. DeepSeek was founded in December 2023 by Liang Wenfeng, and launched its first AI massive language mannequin the following yr. This is why the world’s most highly effective fashions are both made by massive company behemoths like Facebook and Google, or by startups that have raised unusually massive amounts of capital (OpenAI, Anthropic, XAI). Like many different Chinese AI models - Baidu's Ernie or Doubao by ByteDance - DeepSeek is trained to keep away from politically delicate questions. Experimentation with multi-alternative questions has proven to reinforce benchmark performance, notably in Chinese a number of-alternative benchmarks.