DeepSeek pauses its second fundraising round after founder’s leaked investor comments go viral

DeepSeek has suspended its second fundraising round after comments made by founder Liang Wenfeng during private investor meetings were leaked and went viral on Chinese social media, Bloomberg reported on Friday. Liang verbally informed prospective backers to hold off on the round, which had been targeting a pre-money valuation of roughly 480 billion yuan, equivalent […] This story continues at The Next Web