DeepSeek is raising a massive $7 billion at a $50 billion valuation, marking China's largest AI funding round to date. • per The Information
Founder Liang Wenfeng is personally contributing $3 billion-40% of the round-while keeping 90% ownership. He originally launched the company inside his own successful hedge fund.
The round will secure major compute capacity to accelerate new model releases like V4.1 and fund enterprise products to make the business revenue-positive, following the same path as OpenAI and Anthropic.