> that could be like a side-project for a company like that, whose blood and sweat is literally money.

From the mouth of Liang Wenfeng, co-founder of both High Flyer and DeepSeek, 18 months ago:

"Our large-model project is unrelated to our quant and financial activities. We’ve established an independent company called DeepSeek, to focus on this."

https://www.chinatalk.media/p/deepseek-from-hedge-fund-to-fr...