AIThe Decoderabout 2 hours ago
DeepSeek raises $7.4B at $50B valuation
1 min read
Chinese AI startup DeepSeek raised $7.4 billion in its first external funding round, reaching a $50 billion valuation. Investors placed funds into a limited partnership managed by CEO Liang Wenfeng, with a five-year lock-up and no voting rights. The state-backed AI investment fund was the only exception, investing directly with voting rights.
Level
Hype check
Tap to vote and see what everyone thinks.
