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DeepSeek Purportedly Nonchalant to Bring in New Investors; Founder Meets with Tencent, Alibaba Executives
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DeepSeek founder Liang Wenfeng is in no rush to introduce new investors, wary that external stakeholders could meddle with the company’s decision-making autonomy, Wall Street Journal, citing sources, reported. In recent weeks, executives from Chinese tech giants such as TENCENT (00700.HK) and BABA-W (09988.HK) purportedly met with Liang to discuss potential partnerships. However, Liang expressed reluctance to charge for DeepSeek’s core AI models. As early as late 2023, DeepSeek pitched to multiple venture capital firms, including foreign entities, but was rebuffed due to the absence of a clear profit-making plan. More recently, potential investors have shown interest in funding DeepSeek, yet Liang has turned them down. He is evaluating the company’s long-term strategy, exploring ways to assist tech firms in leveraging AI for commercial applications while sharing profits. AAStocks Financial News |
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