DeepSeek reportedly raised $7.4B at a $50B valuation

DeepSeek’s first external round reportedly required investors to put capital into an LP run by CEO Liang Wenfeng, an unusual structure for a frontier AI company

Sources: DeepSeek closed a $7.4B round at a $50B valuation under an unusual structure requiring investors to put capital into an LP run by CEO Liang Wenfeng (The Information) (Visit Techmeme dot com for the link and full context!)