Sources: DeepSeek is fundraising to keep its researchers, some of whom have left for rivals whose valuations have soared; it is targeting a $20B valuation (Zijing Wu/Financial Times)

<a href="https://www.ft.com/content/f7c65d8e-aed1-4767-9ea3-9715cb8a24e0"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260423/i19.jpg" vspace="4" /></a> <p><a href="http://www.techmeme.com/260423/p19#a260423p19" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Zijing Wu / <a href="https://www.ft.com/">Financial Times</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.ft.com/content/f7c65d8e-aed1-4767-9ea3-9715cb8a24e0">Sources: DeepSeek is fundraising to keep its researchers, some of whom have left for rivals whose valuations have soared; it is targeting a $20B valuation</a></b></span>&nbsp; &mdash;&nbsp; Chinese AI start-up is raising funds for first time to keep researchers after several defections to rivals</p>