AIForbes Innovationabout 5 hours ago
DeepSeek Just Raised $7.4 Billion. Here's The Catch.
1 min read
Chinese AI lab DeepSeek raised over $7.4 billion in its first external funding round, valuing the company at over $50 billion. Most investors bought into a limited partnership with no voting rights and a five-year lock-up, while China's state-backed National AI Industry Investment Fund invested directly with voting rights and no lock-up.
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