China’s DeepSeek closes over $7 billion funding with unusual deal structure (opens in new tab)

Chinese AI startup DeepSeek has raised more than 50 ​billion yuan ($7.40 billion) at a valuation exceeding $50 billion ‌in its first funding round, using a structure designed to preserve founder control, the Information reported on Tuesday. The funding ​required investors to put their capital into a ​limited partnership managed by DeepSeek CEO Liang Wenfeng […] The post appeared first on <a href="