DeepSeek Raises Record Capital from High-Flyer

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🇨🇳 ChinA.I. 🤖🧠🦾🤖

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Nate

·2 weeks ago
shared a link post in group #🇨🇳 ChinA.I. 🤖🧠🦾🤖via#A Glance of China 行摄中国
DeepSeek had refused outside capital before this round. Liang’s quantitative hedge fund High-Flyer funded the lab’s entire operating history. The raise ends a five-year policy of “no fundraising, no IPO, no commercialization.” The round is the largest single-round financing in Chinese AI history. #🇨🇳 ChinA.I. 🤖🧠🦾🤖 The story is in the count of votes at the table. https://www.ciw.news/p/de..
DeepSeek gave Beijing the only outside vote
www.ciw.news

DeepSeek gave Beijing the only outside vote

Tencent, CATL, and JD.com got no votes. Beijing got the only outside seat. A new template for Chinese AI, and a new counterparty problem for commercial partners.

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