🚨BREAKING: DeepSeek just raised $7.4 billion at $50 billion+ valuation
CEO Liang Wenfeng wrote the biggest check himself: $2.8B
>Tencent: $1.4B
>CATL: $700M
>JD, NetEase, IDG Capital: $420M each
>China’s National AI Fund: $140M
Investors put money into an LP managed by CEO Liang, not DeepSeek
>5-year lockup on all shares
>external investors get NO voting rights
Only exception: the CCP fund invests directly with voting rights and no lockup
DeepSeek believes AI should be open-source to actually benefit all humanity.