DeepSeek has raised over 50 billion yuan ($7.4 billion) in its first…

DeepSeek has raised over 50 billion yuan ($7.4 billion) in its first investment round and is valued at more than $50 billion, making it the most expensive AI startup in China, according to The Wall Street Journal citing sources. Founder and chief executive officer of DeepSeek, Lian Wenfeng, invested the largest amount—approximately $3 billion.

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