#China AI
6 articles with this tag

DeepSeek's Leaked Meeting: Liang Wenfeng's AGI Strategy, Secret Chips
DeepSeek raised $7.4B at a $52B valuation in May 2026. Here is what founder Liang Wenfeng told his investors: an AGI-first mission, secret chip development, ten-month pricing discipline, and a fundraising pause after the briefing leaked.

Four of every five dollars raised this week went to AI infrastructure. Here is what happened in the other 20 percent.
AI infrastructure took 79% of this week's $9.9B. Aramco led Together AI's $800M. Crusoe sought $3B. Schneider Electric paid $3.1B for Cognite.

Liang Wenfeng's $294K DeepSeek-R1 RL Breakthrough Reached Nature
How Liang Wenfeng's DeepSeek-R1 used Group Relative Policy Optimization and pure reinforcement learning to produce emergent reasoning capabilities for $294,000 in training compute, and why the paper reached the cover of Nature.

Z.AI's GLM 5.2 Sparks Chinese Open Source AI Moment
Z.AI's GLM 5.2, a powerful open-source AI model with a 1M token context, is making waves, challenging Western AI dominance and highlighting the growing Chinese AI sector.
Liang Wenfeng's DeepSeek: $5.6M Training Budget, $45B Valuation
DeepSeek-V3 cost $5.6 million to train. V4-Pro charges $1.74 per million tokens. And Liang Wenfeng is now raising $10 billion at a $45 billion valuation — here is what we know about DeepSeek's finances.

Fewer bets, bigger checks: the seed drought hiding inside a $17 billion AI week
Seed rounds fell 28% while late-stage bets jumped 133%. Inside a $17B week: SAP bought tabular AI, Moonshot raised $2B for open-source, and quantum hardware had its biggest funding week in years.