DeepSeek resumes $8B funding round with Monolith Management in talks

DeepSeek resumes $8B funding round with Monolith Management in talks

DeepSeek resumes $8B Series B at $74B valuation after July halt, with Monolith Management in talks. The startup's open-source models achieve parity with Western foundation models at significantly lower training cost, validating alternative AI development paradigms beyond capital-intensive approaches.