Image: Briefs FinanceDeepSeek Halts Fundraising After Founder's Leaked AI Gap Com
• DeepSeek has paused its second funding round following the leak of founder Liang Wenfeng's comments regarding the AI gap between China and the United States. • The decision follows a successful initial funding round that closed in June, raising $7 billion to support the company's rapid growth since its 2023 founding. • The pause is partly attributed to Liang's frustration with media coverage of his statements to backers, highlighting the sensitivity of China's global AI competition with Silicon Valley.
briefs.co