CosmicTaco
CosmicTaco
12mo

DeepSeek's Unique Path: No VC Funds Yet

  • DeepSeek’s founder Liang Wenfeng isn’t rushing to accept VC money, as reported by the WSJ.
  • The Chinese AI company took Silicon Valley by storm with its latest model but hasn’t announced any fundraises.
  • Liang owns 84% of DeepSeek and prefers to avoid external influence from VCs.
  • High-Flyer’s profits have funded DeepSeek so far, reducing the need for outside investment.
  • Concerns over data privacy and Chinese laws could worsen if DeepSeek accepts funding from Chinese investors.

Source: TechCrunch

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12mo ago
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