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Chinese AI startup DeepSeek founder Liang Wenfeng<\/a> is reportedly set to meet with China\u2019s top politicians, including Chinese leader Xi Jinping, during a summit that Alibaba founder Jack Ma is also expected to attend.<\/p>\n The summit, which could happen as soon as next week, may be intended as a signal<\/a> by China\u2019s Communist Party that it aims to adopt a more supportive stance toward domestic private-sector firms, according to Bloomberg. In 2020, Chinese authorities effectively prevented<\/a> Alibaba from executing what would have been the biggest public offering in history.<\/p>\n Liang, who founded DeepSeek<\/a> in 2023 as a subsidiary of his quantitative hedge fund, High-Flyer, rose to prominence last month after DeepSeek\u2019s openly available<\/a> AI models<\/a> showed strong performance against leading models from OpenAI and other American AI companies. U.S. officials have raised concerns<\/a> over the explosive popularity of DeepSeek\u2019s models and services, which they perceive as a threat to the U.S.\u2019 pole position in the AI race.<\/p>\n<\/div>\n