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by nmfisher
1 hour ago
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Until recently, DeepSeek were self-financed (it was a spin-out from a hedge fund). They just raised ~50million RMB (US$7bn), and according to media [0] (which admittedly can be unreliable), the lead investors were: 1) The CEO himself
2) Tencent
3) CALT (the battery company)
4) NetEase (internet/media company)
5) JD.com (ecommerce)
6) Chinese investment firms What are they expecting in return? I'd say the same thing that all those investors in OpenAI and Anthropic are expecting - profit. [0] https://finance.sina.com.cn/stock/vcpe/2026-06-11/doc-iniazi... |
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