DeepSeek Pauses Fundraising After Founder's Remarks Leaked

DeepSeek Pauses Fundraising After Founder's Remarks Leaked Authored by Arthur Zhang via The Epoch Times, Chinese artificial intelligence (AI) startup DeepSeek has paused a second fundraising round after founder Liang Wenfeng’s remarks at a conference circulated online, including a statement that the company could obtain some processors he described as “noncompliant.” Liang made the remarks during a May 20 closed-door investor meeting on why DeepSeek was receiving fewer Huawei...

By Tyler Durden