DeepSeek’s outside funding draws interest from Alibaba, Chinese state funds

February 20, 2025

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Artificial Intelligence

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Chinese AI startup DeepSeek is considering outside funding for the first time and has drawn interest from Alibaba and state funds, The Information reported on Wednesday, citing sources with knowledge of internal discussions.

The Chinese company stunned the tech industry in January with low-cost AI models that can match or even outperform Western rivals at a fraction of the cost, stirring doubts about the lead US has in the race to dominate the technology.

But a surge in demand since then has caused outages at the small startup. The need for more AI…

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DeepSeek’s outside funding draws interest from Alibaba, Chinese state funds

February 20, 2025

, By admin

Artificial Intelligence

Chinese AI startup DeepSeek is considering outside funding for the first time and has drawn interest from Alibaba and state funds, The Information reported on Wednesday, citing sources with knowledge of internal discussions.

The Chinese company stunned the tech industry in January with low-cost AI models that can match or even outperform Western rivals at a fraction of the cost, stirring doubts about the lead US has in the race to dominate the technology.

But a surge in demand since then has caused outages at the small startup. The need for more AI…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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ETtech Top 5: Top tech and startup stories of the day

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Brand-new women’s focused Swizzle Ventures skyrockets past its fundraising target

Hi! This is Admin.

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