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Sources: DeepSeek execs told potential investors in its ongoing $10B round that it will prioritize groundbreaking AI research over short-term commercialization

DeepSeek's senior management has told potential investors in its ongoing 70 billion yuan ($10 billion) funding round that the startup …

Bloomberg Lulu Yilun Chen

Discussion

  • r/LocalLLaMA r on reddit
    DeepSeek is pushing forward with $10.29 billion financing round, with Liang Wenfeng committing to continue developing open-source AI models rather than pursuing short-term commercialization goals
  • @rohanpaul_ai Rohan Paul on x
    Bloomberg: DeepSeek prioritizes AGI over commercialization in funding talks They are pushing forward with $10.29 billion financing round, with Liang Wenfeng committing to continue developing open-source AI models rather than pursuing short-term commercialization goals — [image]
  • @metacurity.com Cynthia Brumfield on bluesky
    So the US should stop promoting the falsehood that China is really far behind the US on AI.  —  “If finalized, DeepSeek's fundraising may set a record for a first-time financing by a Chinese tech startup.”  —  DeepSeek Founder Avows AGI Goal Ahead of $10 Billion Funding  —  www.b…