Tags: High‑Flyer Quant

DeepSeek founder Liang Wenfeng told prospective investors that the Hangzhou‑based lab will prioritize artificial general intelligence and open‑source models over short‑term revenue. The Chinese AI startup is seeking at least $300 million in its first outside capital raise, targeting a 70 billion‑yuan (~$10 billion) valuation. Previously funded solely by Liang’s hedge‑fund High‑Flyer Quant, DeepSeek’s shift reflects the scale of its training runs and a strategic move toward the domestic market. Investors remain unnamed, and the company declined comment as regulators watch the sector closely. Lire la suite