logo
episode-header-image
Feb 2025
17m 49s

The story behind DeepSeek’s breakthrough

Financial Times
About this episode

This January, DeepSeek made an announcement that changed the artificial intelligence landscape. The Chinese start-up said that it had trained the latest in a series of competitive AI models, which appeared to be built much more cheaply than those of Silicon Valley competitors. The FT’s China Technology Correspondent, Eleanor Olcott, first wrote a story about the company last summer. She’s on today to discuss how DeepSeek’s founder Liang Wenfeng was able to finance and grow his company at a time when start-up funding is scarce in China, and often comes with too many strings attached. 


- - - - - - - - - - - - - - - - - - - - - - - - - - 

For further reading:

Liang Wenfeng, the DeepSeek founder panicking the tech world

The global AI race: is China catching up to the US? 

Xi Jinping seizes DeepSeek moment to restore China tech chiefs to spotlight

- - - - - - - - - - - - - - - - - - - - - - - - - - 


Follow Eleanor Olcott on X (@EleanorOlcott). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more. 


Read a transcript of this episode on FT.com




Hosted on Acast. See acast.com/privacy for more information.

Up next
Yesterday
Elon Musk and the end of a telecom tycoon’s dream
In recent weeks, satellite business EchoStar has clinched multibillion-dollar deals with SpaceX and AT&T. It may sound like boom times for founder Charlie Ergen, but these deals illustrate something different: the abandoning of an ambitious, decades-long quest to build his own mo ... Show More
23m 40s
Oct 6
Coming soon from Tech Tonic: Mission to Mars
US President Donald Trump has pledged to “plant the stars and stripes on the planet Mars”, China could send its first crewed mission to Mars within a decade, and Elon Musk wants people to actually settle on Mars, transforming the human race into an interplanetary species. In a ne ... Show More
1m 40s
Oct 1
The unsustainable boom in India’s Silicon Valley
India’s tech hub Bangalore has experienced huge growth of companies and employees in the past two decades. But the city’s infrastructure is not keeping up with such rapid growth. With the tech sector contributing more than $300bn to the nation’s economy, what happens to the count ... Show More
22m 45s
Recommended Episodes
Aug 2024
Why do some of Africa’s most promising start-ups fail?
There are loads of podcasts about entrepreneurship, setting up a business or start-up, being your own boss and making money. According to the American business magazine Forbes, up to 9 in 10 start-ups fail, and the number is thought to be even higher in Africa.BBC Africa’s busine ... Show More
14m 45s
Jun 2023
Business Opportunities in Africa for Black Americans
Explore the vast, untapped potential of Africa in this enlightening video where we delve into the myriad of business opportunities available for Black Americans. From thriving tech startups to lucrative agricultural ventures, we'll uncover the potential sectors that are ripe for ... Show More
8m 30s
Jun 2025
Why Kelis Left America to Buy a 300 Acre Farm in Kenya & Show Others How to Build Wealth in Africa
On this powerful episode of Earn Your Leisure, we sit down with Grammy-nominated artist and entrepreneur Kelis, who opens up about her bold decision to leave America and build a new life in Kenya. She shares why she purchased 150 acres of farmland, how she navigated land ownershi ... Show More
1h 7m
Nov 2024
Are African Startups the Next Growth Engines of the World? - with Mika & Hisham at P1 Ventures | The Perfect Pitch Podcast Ep10
In this episode of The Perfect Pitch Podcast, we sit down with Mikael Hajjar and Hisham Halbouny, Managing Partners at P1 Ventures, to uncover the secrets of scaling startups in Africa. Mika and Hisham share their unique insights into why they think Africa is the most interesting ... Show More
1h 1m
Mar 2019
Is pan-African trade a pipe dream?
Can the continent remove trade barriers and create a billion-person internal market? That's the hope of the African Continental Free Trade Area, but a year on from its initial signing, many obstacles remain.Nearly all of Africa's 55 nations have signed up to the initiative, yet t ... Show More
17m 44s
Mar 2025
Business Daily meets: Sim Tshabalala
Sim Tshabalala is the CEO of one of Africa's largest banks, Standard Bank. In this edition of Business Daily, he tells Ed Butler about his journey from growing up under apartheid in South Africa, to be becoming a lawyer, then investment banker.He discusses the risks of lending to ... Show More
17m 37s
Jan 2024
Africa is NOT Poor Because of Colonialism: Here’s Why. - Magatte Wade
Magatte Wade is an entrepreneur, author and business leader focussed on economic development in Africa, and on correcting the various misconceptions about the state of the continent, its history, and its future potential. She is the Director of the Center for African Prosperity a ... Show More
56m 56s
Jan 2025
Does Africa need stock markets?
There are now many more stock markets in Africa than there were forty years ago. Ethiopia is the latest country to join the club after re-starting its stock market this month. But what role do they play in the economy of our countries, and how exactly do they work? The companies, ... Show More
20m 5s
May 2025
Exploring Africa’s Hidden Opportunities: Rashad Bilal & Troy Millings Share Rwanda & Kenya Insights
In this insightful Market Mondays clip, Rashad Bilal and Troy Millings take you on a powerful journey across Africa as they reflect on their recent travels to Rwanda and Kenya. From attending the NBA Africa League to meeting with influential dignitaries, entrepreneurs, and local ... Show More
12m 11s
May 2024
This bank is turning Africa into a climate investment opportunity
Africa currently loses between $7 billion and $15 billion a year because of climate change. If that trend continues, the sum could reach $50 billion by 2030. But African Development Bank President Akinwumi Adesina sees a way forward. He describes the financial instruments the ban ... Show More
35m 51s