DeepSeek Founder Avows AGI Goal Ahead of $10 Billion Funding (1)

DeepSeek’s senior management has told potential investors in its ongoing 70 billion yuan ($10 billion) funding round that the startup will prioritize groundbreaking AI research over short-term commercialization, people familiar with the matter said.

Founder Liang Wenfengpledged in at least one meeting with investors he will keep developing open-source AI models while pursuing a broader goal of achieving artificial general intelligence, one of the people said. The hedge fund manager and AI pioneer made it clear the main goal is to push the boundaries of the technology rather than monetization, the person said, asking to remain anonymous to ...