DeepSeek To Raise More than $7 Billion as Startup Plots Revenue Efforts
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Liang Wenfeng, billionaire founder and CEO of DeepSeek, is planning to write the biggest check for the startup’s first-ever funding round, which the company now hopes will raise up to 50B yuan ($7.35B), according to two people with direct knowledge of the talks. That would make it the biggest funding round by a Chinese AI company ever. Meanwhile, the funding round has prompted the Chinese AI lab to expedite its plans to generate revenue and become commercially viable.