DeepSeek is pushing forward with $10.29 billion financing round, with Liang Wenfeng committing to continue developing open-source AI models rather than pursuing short-term commercialization goals

· r/LocalLLaMA ·

DeepSeek closes a $10.29 billion funding round, with founder Liang Wenfeng doubling down on open-source AI development over immediate monetization.

Categories: Money & Moves

Excerpt

[https://www.bloomberg.com/news/articles/2026-05-22/deepseek-founder-declares-agi-goal-as-10-billion-round-advances](https://www.bloomberg.com/news/articles/2026-05-22/deepseek-founder-declares-agi-goal-as-10-billion-round-advances)

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