[Danielle Fong 🔆#756](/u/x/daniellefong)
[Ejaaz](/u/x/cryptopunk7213)@cryptopunk7213
deepseek is raising a monster $7 billion round at $50B val making it china's largest ever AI raise but what shocks me the most is the founder, liang wenfeng:
he's personally contributing 40% of the round himself. $3 billion.
he owns 90 PERCENT of the company (unheard of at this valuation)
deepseek was founded inside his hedge fund, one of China's most successful funds.
guys a fucking beast. this round is meant to achieve 2 things:
-
acquire as much compute to push out new deepseek models more often
-
turn deepseek revenue-positive by pushing new enterprise products (same tactic as OAI and anthropic)
deepseek v4.1 is expected to release soon.
source & further reading
digg.com — original article