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DeepSeek denied external funding, called it ‘purely rumors’
DeepSeek has denied reports of seeking external funding, calling them “purely rumors” after claims of interest from Alibaba and China Investment Corporation (CIC).
According to The Information, DeepSeek might raise funds to meet growing AI demand, but the company has not confirmed any plans.
DeepSeek has relied on parent company funding and government grants, while Alibaba denied rumors of a US$1 billion investment.
Recent DeepSeek developments
| Timeline |
|---|
20-Feb-2025 💰 DeepSeek seeks funding, attracts Alibaba, state investors
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18-Feb-2025 💡 DeepSeek eyes monetization with business scope expansion
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17-Feb-2025 🚗 DeepSeek boosts Chinese smart EVs with AI features
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11-Feb-2025 📈 DeepSeek boosts pricing as demand rises
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11-Feb-2025 🤖 DeepSeek hiring for advanced AI, pays up to $172k
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| 08-Feb-2025 🕶️ DeepSeek boosts China’s smart glasses innovation |
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