deepseek is raising a monster $7 billion round at $50B val making it china's largest ever AI raise but what shocks me the most is the founder, liang wenfeng:


> he's personally contributing 40% of the round himself. $3 billion.
> he owns 90 PERCENT of the company (unheard of at this valuation)
> deepseek was founded inside his hedge fund, one of China's most successful funds.
guys a fucking beast. this round is meant to achieve 2 things:
1. acquire as much compute to push out new deepseek models more often
2. turn deepseek revenue-positive by pushing new enterprise products (same tactic as OAI and anthropic)
deepseek v4.1 is expected to release soon.
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