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DeepSeek eyes $10B funding round, prioritizing AGI and open-source

DeepSeek is reportedly in advanced talks for a substantial funding round, potentially reaching 70 billion RMB (approximately $10 billion USD) at a $45 billion valuation. The company aims to prioritize AGI research and maintain its commitment to open-source models, with founder Liang Feng emphasizing technological advancement over immediate commercialization. This funding round is attracting significant interest from major players, including battery giant CATL, which sees DeepSeek as a key energy consumer for its data center expansion, and potentially JD.com and NetEase. AI

IMPACT This substantial funding could accelerate DeepSeek's pursuit of AGI and bolster its infrastructure, potentially influencing the broader AI hardware and energy sectors.

RANK_REASON Significant funding round for a major AI company with strategic investment from an industrial giant.

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