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China's DeepSeek Secures Its First External Funding, Potentially Valuing Itself over 7 Trillion Yen. This Shift in the Mindset of the Solitary Research Group, Xiang, Suggests a Potential Shift Towards a "National Policy project."
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DeepSeek, the Chinese-made "best value AI" that has astonished the world, is planning its first round of fundraising. Its valuation is said to be as high as 7 trillion yen, but why is this group of researchers, who have previously turned their backs on business, now willing to accept funding from Chinese megatech companies and government-backed funds?
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