"DeepSeek has kept reasonable pace with the top models in the world in areas like reasoning and coding while remaining open weight, with versions freely available on Hugging Face."
"Liang opted to raise funds in order to offer employees shares in the company, as competitors were poaching DeepSeek's researchers."
"DeepSeek has been optimized to run on chips made by China's hardware giant Huawei Technologies, considered a powerful duo for the nation to develop its own AI."
DeepSeek, a Chinese AI lab, is in talks to raise its first round of venture capital, with its valuation increasing from $20 billion to $45 billion. The lab gained prominence in early 2025 after launching a cost-effective large language model. Founded by billionaire Liang Wenfeng, DeepSeek has not sought investors before but is now raising funds to offer employee shares. The funding round is led by the China Integrated Circuit Industry Investment Fund, aiming to bolster homegrown AI technology and reduce reliance on U.S. technology.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]