AIThe Next Webabout 2 hours ago
DeepSeek closes $7bn-plus round with an unusual structure
1 min read
DeepSeek raised roughly $7bn in its first outside funding round, valuing the Chinese AI lab between $52bn and $59bn. Founder Liang Wenfeng committed 20 billion yuan of his own money, keeping him in control. Tencent and battery giant CATL are among the largest outside backers.
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