Deepseek is about to raise around $10 billion, which would value the Chinese AI startup at roughly $45 billion. Founder Liang Wenfeng is telling investors he's putting AGI research ahead of short-term profits.

DeepSeek founder Liang Wenfeng has told investors the Hangzhou lab is targeting AGI, in its first-ever outside raise at a reported $10bn valuation.

China’s DeepSeek seeks $10B funding at a $45B valuation to expand AI capabilities, scale infrastructure, and strengthen its position in the global AI market.