The Information reports that DeepSeek’s recent $7.4 billion mega-round — announced just last week — was directly inspired by Anthropic’s infamous yet brief Mythos preview. Apparently, after getting a look at Mythos during its April rollout (before the US government turned off the tap entirely), CEO Liang Wenfeng grew concerned that his own company’s frontier models would never be able to catch up without a massive influx of fresh cash. #🇨🇳 ChinA.I. 🤖🧠🦾🤖
All those billions aren’t just going to compute and infrastructure. DeepSeek is also reportedly going on a hiring spree, adding to its current, conservative base of 300 full time employees. It’s a significant turn for the Chinese giant not just because of the high numbers. Until now, Liang has largely self-funded DeepSeek out of pocket. (He made his fortune in hedge funds.) But remaining competitive in today’s AI race threatens to tap out even his considerable resources.
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Anthropic’s Mythos Spooked DeepSeek, Prompting Its $7.4 Billion Fundraising
Up until two months ago, DeepSeek, the three-year-old Chinese AI lab, was an anomaly in the increasingly costly global AI battle. It had relied entirely on CEO Liang Wenfeng’s personal wealth and never raised outside money. That changed in the middle of this month, when DeepSeek completed a $7.4 ...