TLDR Tech / AI
DeepSeek Becomes China's Most Valuable AI Startup After $7.4 Billion Fundraise
DeepSeek raised more than $7.4 billion in a funding round that valued the company at more than $50 billion. Its founder, Liang Wenfeng, invested around $3 billion in the fundraise. He previously held nearly 90% of the company before the financing round. A government-backed fund invested around $150 million. DeepSeek plans to use the new capital to advance R&D and expand computing infrastructure.
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