DeepSeek’s Liang Wenfeng Prioritizes AGI Over Super App in Investor Meeting

ChainCatcher report: Recently, remarks made by Liang Wenheng during DeepSeek’s investor meeting last month have been publicly circulated. Liang clearly stated that DeepSeek’s goal is AGI, not becoming the next super app; the company will not pursue 3D, video generation, or world models, nor will it close-source its technology. He said, “Discipline is a strategy to increase the probability of achieving AGI.” He views products as mere “byproducts” on the path to AGI, with current priorities being the Coding Agent and continuous learning capabilities, and the next phase targeting autonomous model iteration—ultimately leading toward embodied intelligence. On commercialization, Liang emphasized that DeepSeek seeks only “reasonable profits,” not profit maximization as a pricing goal, and that the company is “still far from fully transitioning to commercialization.” He believes the primary gap between Chinese and U.S. AI lies in resources, not talent, and aims to “narrow the gap to six months—or even three—using only a fraction of the compute power.” Regarding industry competition, he considers open-source the “sweet spot” for companies of this scale and predicts that China’s large models will eventually consolidate into “two major companies and two smaller ones.” Liang also stated that maintaining team stability is the one non-negotiable core principle; the company is driven by vision—“a group of ordinary people achieving extraordinary things.”