Why China’s cash-rich AI firm DeepSeek is still shopping for funding: sources

Source: Tech – South China Morning PostChinese artificial intelligence start-up DeepSeek has begun raising external capital for the first time, but is keeping its initial fundraising round deliberately small to limit equity dilution while retaining key talent, according to people familiar with the matter.
The Hangzhou-based company, a spin-off from hedge fund High-Flyer, is seeking to sell no more than 3 per cent of its equity, said three investors with direct knowledge of the plans, who requested anonymity as the information is…Read More

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