DeepSeek is in the final stages of a funding round of up to 70 billion yuan, planning to focus on achieving AGI as its core strategy, emphasizing cutting-edge AI research and open-source ecosystems, with no short-term profit pursuit. Leading institutions such as Tencent, IDG, and Monolith are close to participating, and China’s National Integrated Circuit Industry Investment Fund is also in negotiations, planning to invest about 10 billion yuan. Founder Liang Wenfeng and Fantasia Quantitative will make deep co-investments, demonstrating a long-term commitment to computing power and model development. This is DeepSeek’s largest strategic transformation since its founding, leveraging industry capital to advance the AGI goal and breaking through closed-door R&D.

MeNews

2026-05-22 08:15:46

Abstract generation in progress

ME AI News, according to Data Observation Beating Monitoring, DeepSeek (Deep Exploration) is currently in the final stage of a massive funding negotiation amounting to up to 70 billion RMB (approximately 10 billion USD). According to informed sources, DeepSeek's executive team has explicitly promised during multiple roadshows and investor meetings that the company will take achieving Artificial General Intelligence (AGI) as its core strategic goal, and will focus entirely on exploratory R&D and open-source ecosystem development in cutting-edge AI, rather than short-term commercialization and profit pressures. Several individuals close to the deal pointed out that leading tech giants and top investment institutions, including Tencent Holdings, IDG Capital, and Monolith Capital, are close to confirming participation in this round of investment. The China National Integrated Circuit Industry Investment Fund is negotiating and plans to invest about 10 billion RMB. Additionally, as DeepSeek's parent company and its earliest sole funding source, High-Flyer Quantitative and founder Liang Wenfeng also plan to invest a large amount of their own funds to deepen their follow-on investment, further demonstrating their long-term commitment to computing resources and model R&D. This infusion of external capital at the billion-dollar level marks the largest strategic shift since DeepSeek's founding. Previously, founder Liang Wenfeng had long adhered to a closed-door R&D approach that refused external funding, relying entirely on profits from High-Flyer Quantitative's hedge funds to support DeepSeek’s high expenses, ensuring R&D independence and avoiding short-term commercialization pressures. However, as the global arms race for large models sees exponential increases in costs related to computing infrastructure, ultra-large-scale clusters, and top-tier scientific talent, DeepSeek has chosen to proactively break through the barriers of closed-door R&D, attempting to leverage massive industry capital to directly advance toward the ultimate goal of AGI. (Source: BlockBeats)

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SeaSaltAirdropParticipants

· 2h ago

The final stage of the 70 billion negotiations, releasing the news to test market reactions?

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GammaRunner

· 3h ago

AGI core strategy, who dares to say these four words now, who is willing to compete

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RouterRunner

· 4h ago

From quantitative hedge funds to AGI, the transformation span is even greater than model parameters.

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GateUser-4bd1cc87

· 6h ago

From closed-door research and development to industrial capital, DeepSeek has finally figured it out

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GateUser-0c86a4c9

· 7h ago

Tencent IDG Monolith, top-tier VC queueing up to give away money live

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GlassDomeObservatory

· 7h ago

Not pursuing profit? What do investors want? Just a ticket to the future.

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VintageKeychain

· 7h ago

Magic Square Quantifies Blood Transfusion, The Most Hardcore AGI Betting Game in the Quantitative Circle

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Frictionless

· 7h ago

Open source ecosystem + national big fund, this combination is quite interesting

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MemeSourdough

· 7h ago

Liang Wenfeng's co-investment is truly all in, not just a token gesture.

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TheWaveOfRasterization

· 7h ago

70B, AGI is not profitable, I am convinced by this boldness.

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DeepSeek secures $10 billion in funding, enters late-stage negotiations, Liang Wenfeng states focus on AGI and open source

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