CXMT's blockbuster initial public offering on Shanghai's Star Market drew frenzied demand from retail investors and DeepSeek founder Liang Wenfeng's fund, with investors hoping for generous allotments…
DeepSeek's 75% price cut on its V4-Pro model, reported in May 2026, exposes a deeper problem for AI founders: agentic products consume tokens far faster than model prices drop, according to a VentureB…
Chinese AI lab DeepSeek is preparing an initial public offering and chasing a $71bn valuation, weeks after closing its first-ever outside round at roughly $50bn, Bloomberg reported. The Hangzhou-based…
Chinese AI startup DeepSeek is launching a new fundraising round targeting a valuation of approximately 500 billion yuan ($74 billion), ahead of a potential IPO on Shanghai's STAR Market, according to…
DeepSeek founder Liang Wenfeng's net worth has surged to an estimated $36 billion, more than doubling from $16.7 billion, according to the Bloomberg Billionaires Index, making him the wealthiest found…
Chinese AI pioneer DeepSeek is considering raising more funds weeks after closing a US$7 billion round, targeting a pre-money valuation of US$71 billion, according to the Financial Times. The startup …
DeepSeek founder Liang Wenfeng's net worth has surged to $36 billion, more than double his previous estimate of $16.7 billion, according to the Bloomberg Billionaires Index. The increase makes Liang t…
Chinese AI startup DeepSeek is in talks to raise approximately $1.5 billion at a pre-money valuation of 480 billion yuan (~$71 billion), a 37% increase from its May round, and has begun IPO preparatio…
DeepSeek is planning a new funding round at a $71 billion valuation just weeks after closing its first $7 billion round at a $52 billion valuation, according to the Financial Times. The Chinese AI lab…
Chinese AI pioneer DeepSeek has begun preparations for an initial public offering and may file as soon as this year, targeting a debut in 2027, according to people familiar with the matter. The Hangzh…
DeepSeek, the Hangzhou-based AI startup valued at up to $59 billion, is planning to file for an initial public offering this year, according to sources. The company, founded in July 2023 by Liang Wenf…
DeepSeek is in preliminary talks to raise new funds at a roughly $71 billion valuation, a $19 billion increase from its $52 billion valuation set six weeks ago in May, according to the Financial Times…
Chinese AI startup DeepSeek is considering a new funding round at a $71 billion valuation, just six weeks after closing a $7 billion round at a $52 billion valuation, according to the Financial Times.…
Chinese AI startup DeepSeek is in discussions for a new funding round that would value it at $71 billion on a pre-money basis, according to the Financial Times, just weeks after closing its first exte…
Liang Wenfeng, founder of DeepSeek, is now the wealthiest AI founder with a net worth of about $36bn, surpassing Anthropic's Dario Amodei and OpenAI's Greg Brockman, according to the Bloomberg Billion…
DeepSeek founder Liang Wenfeng became the world's wealthiest AI model creator after the company closed its first external funding round, raising over $7.4 billion and pushing its valuation past $50 bi…
DeepSeek is developing its own AI inference chip, according to a Reuters report, as founder Liang Wenfeng pushes the Hangzhou AI lab into chip design to reduce dependence on Nvidia and Huawei hardware…
DeepSeek chose to partner with Huawei and other Chinese chipmakers rather than building its own AI chips, a decision that signals a strategic shift in China's semiconductor landscape. The AI lab gave …
A new analysis from FutureSearch counts 57 AI billionaires worldwide with a combined net worth of $320 billion, led by Cambricon Technologies' Chen Tianshi at $40 billion, OpenAI president Greg Brockm…
China's quantitative fund industry ended 2025 managing 3.22 trillion yuan ($474 billion), rebounding from a 2024 low after regulators cracked down on high-frequency trading. Over 60% of quant funds no…