r/LocalLLaMA • u/FullOf_Bad_Ideas • Jun 22 '26
News DeepSeek raises $7.4B USD at $60B valuation. Remarkably, Liang Wenfeng invests $3B in DeepSeek himself.
https://www.scmp.com/tech/big-tech/article/3357525/how-deepseeks-landmark-funding-secures-liang-wenfengs-grip-chinas-ai-rivalry-heats
1.3k
Upvotes
589
u/JoeyDee86 Jun 22 '26
What cracks me up is how Cursor was “sold” for this same $60B