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DeepSeek Founder Declares AGI Goal as $10 Billion Round Advances

Summary by Bloomberg
DeepSeek’s senior management has told potential investors in its ongoing 70 billion yuan ($10 billion) funding round that the startup will prioritize groundbreaking AI research over short-term commercialization, people familiar with the matter said.

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Deepseek is facing a financing round of around 10 billion US dollars, which the Chinese AI startup would rate at about 45 billion US dollars. Founder Liang Wenfeng emphasizes against investors to put AGI research on short-term profits. The article Deepseek wants to continue to put AGI research on fast profits despite billions funding appeared first on The Decoder.

·Germany
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DeepSeek is reshaping the artificial intelligence landscape in China. The startup, founded by Liang Wenfeng, is seeking external capital for the first time, while maintaining an ambitious goal: prioritizing AGI and open source even amidst a multi-billion-dollar funding round that is already attracting interest from CATL and other major tech groups. DeepSeek is seeking its first external funding with a reported valuation ranging from RMB 50 billi…

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Business Times broke the news in Singapore, Singapore on Friday, May 22, 2026.
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