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DeepSeek Founder Sets Sights on AGI as $10B Funding Round Advances

▼ Summary

– DeepSeek founder Liang Wenfeng told prospective investors that the lab will prioritize frontier research over revenue in its first-ever external funding round.
– The company’s primary goal is to pursue artificial general intelligence.
– DeepSeek plans to continue releasing open-source models rather than proprietary ones.

Liang Wenfeng is making his ambitions clear. The founder of DeepSeek has informed potential backers that the company’s first-ever external funding round , reportedly valued at $10 billion , will be used to push toward artificial general intelligence (AGI), not to chase quarterly revenue targets. In conversations with prospective investors, Wenfeng emphasized that the Hangzhou-based lab will remain committed to open-source model releases and long-term frontier research, even as it opens its doors to outside capital for the first time. This marks a pivotal shift for DeepSeek, which has previously operated on internal funding and a tight research focus. The move signals that AGI development, rather than commercialization, remains the north star for one of China’s most ambitious AI labs.

(Source: The Next Web)

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deepseek funding 95% artificial general intelligence 90% open source models 88% Liang Wenfeng 85% frontier research 82% hangzhou lab 80% investor relations 78% ai revenue strategy 75% deepseek mission 73% the next web 70%