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The Latest Breaking News from Liang Wenfeng

DeepSeek close to sealing $7 billion funding in historic AI deal

Chinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. DeepSeek’s fundraising would mark a new level of ambition from China’s AI leaders as they seek to compete with their American counterparts in the field.

The Economic Times

DeepSeek slated to draw $7 billion in maiden fundraising, sources say

The fundraising could value the company after the investment at between 350 billion yuan and 400 ‌billion yuan, ⁠or between $52 billion ⁠and $59 billion.

The Economic Times

CEO of $1.25 billion AI company says he hires Gen Z because they’re ‘less biased’ than older generations—too much knowledge is actually bad, he warns

The founder and CEO of $1.25 billion AI identity verification platform Incode, Ricardo Amper, says Gen Z’s naivety is actually a powerful resource.

Fortune

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'China's Nvidia' Moore Threads Shares Surge Over 500% In Blockbuster Shanghai IPO

Shares of chipmaker Moore Threads Technology, dubbed China’s Nvidia (NASDAQ:NVDA), rose as much as 502% as it debuted in Shanghai on Friday.

Benzinga

The Europeans who made Time magazine’s most influential people in AI

Sam Altman and the big AI companies made the list, but there were also some surprising names.

Euronews

10 Major AI Companies You Should Know

These 10 companies are at the cutting edge of the AI revolution. Here's how they're driving innovation and leading the biggest buildout in human history.

Kiplinger

How DeepSeek erased Silicon Valley's AI lead and wiped $1 trillion from U.S. markets

Wall Street and Silicon Valley crowed that China would always be years behind the U.S. Here's why they were wrong.

Fortune

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Deepseek 'clearly not interested' in scaling up — 160-person team focused on developing new models

Deepseek is focused on keeping its team lean and propelling development towards new models, with the goal of reaching AGI, instead of scaling up its commercial product offerings.

Tom’s Hardware

China's six-year-olds are already being offered AI classes in school in a bid to train the next generation of DeepSeek founders

Other countries like Estonia, England, Canada, South Korea, and America are training students on how to use AI too.

Fortune

Tightly choreographed Two Sessions opens in Beijing as the world order roils

With Trump’s tariffs and DeepSeek’s AI tech in the news, China waits to see how the Communist party plans to revitalise a stagnating economy

The Guardian - UK

France Pitches AI Summit As 'Wake-up Call' For Europe

France hosts top tech players next week at an artificial intelligence summit meant as a "wake-up call" for Europe as it struggles with AI challenges from the United States and China.

International Business Times

The DeepSeek Crash: What It Means for AI Investors

DeepSeek's R1 model represents both risk and opportunity. Here's what DeepSeek means for AI investors.

Kiplinger

Was this the week DeepSeek started the slow unwinding of the AI bet?

The cheap Chinese chatbot has stunned tech giants – and opened up the possibility that other countries, not just China, could now afford to enter the AI race

The Guardian - UK

DeepSeek’s overnight success is powered by Gen Z new hires

Liang Wenfeng hires young people and bookworms for his engineering team. He says: "Experience is not that important."

Fortune

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The Independent UK

Chinese state media blames US for cyberattack that disrupted DeepSeek

Malicious attacks attempted to crack user credentials

Fortune

How DeepSeek’s millennial cofounder became one of tech’s hottest players

The man behind DeepSeek, Liang Wenfeng, remains largely a mystery.

The Independent UK

Alibaba launches its own AI – and claims it is more powerful than DeepSeek

Alibaba, the Chinese tech company, has launched its own AI that it claims is more powerful than the DeepSeek model that sent shockwaves around the world.

Al Jazeera

China’s DeepSeek faces questions over claims after shaking up global tech

Elon Musk and Palmer Luckey among tech leaders to cast doubts on Chinese startup’s claimed budget and chip use.

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The Conversation

DeepSeek’s success challenges assumptions about Chinese tech companies – and the US-China competition

The release of the new DeepSeek-R1 artificial intelligence (AI) model has shocked the tech world.

Evening Standard

Is DeepSeek really AI's 'Sputnik moment'? The hazy backstory to ChatGPT's Chinese rival

A Chinese AI company has shaken up Wall Street and Silicon Valley, but is it really the disruptor people think?

The Guardian - UK

Who is behind DeepSeek and how did it achieve its AI ‘Sputnik moment’?

Liang Wenfeng, who founded the firm just two years ago, says his aim is ‘not to lose money, nor to make huge profits’

Salon

This AI chatbot is rattling Big Tech

The Chinese startup caught up with Big Tech at a fraction of the cost

TechRadar

DeepSeek live – all the latest news as OpenAI reportedly says new ChatGPT rival used its model

DeepSeek is the new AI model that's on everybody's lips –here's all the latest news on the ChatGPT competitor.

The Independent UK

What is DeepSeek? Everything we know about the Chinese AI that has ‘changed everything’

Why is DeepSeek better than ChatGPT?

International Business Times UK

DeepSeek Could Shatter Overvalued US Stocks as America's AI Spending Comes Under Scrutiny

DeepSeek's R1 AI model claims to match OpenAI's o1 model by multiple benchmarks for a fraction of the development costs.

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