🚀 DeepSeek, the AI startup that defied big budgets, is finally raising capital
DeepSeek, the Chinese AI lab known for building top-tier models without billion-dollar war chests, is reportedly seeking outside funding for the first time. The company is targeting at least $300 million at a valuation above $10 billion.
Until now, founder Liang Wenfeng self-funded DeepSeek through his hedge fund High-Flyer Capital Management, turning down offers from major Chinese VCs and tech giants. That made DeepSeek one of the few frontier AI labs operating independently.
Now, even the efficiency leader appe
DeepSeek, the Chinese AI lab known for building top-tier models without billion-dollar war chests, is reportedly seeking outside funding for the first time. The company is targeting at least $300 million at a valuation above $10 billion.
Until now, founder Liang Wenfeng self-funded DeepSeek through his hedge fund High-Flyer Capital Management, turning down offers from major Chinese VCs and tech giants. That made DeepSeek one of the few frontier AI labs operating independently.
Now, even the efficiency leader appe