DeepSeek Prioritizes AGI Research Over Profit as It Seeks $10 Billion in New Funding

DeepSeek is raising $10 billion in new funding while pledging to prioritize AGI research and open-source AI development over short-term profits, with founder Liang Wenfeng doubling down on the company's mission to push the boundaries of artificial intelligence.

• DeepSeek's senior management is telling potential investors in its ongoing $10 billion funding round that the startup will prioritize groundbreaking AI research over short-term commercialization.
• Founder Liang Wenfeng is pledging to at least one investor meeting that he will continue developing open-source AI models while pursuing the broader goal of achieving artificial general intelligence (AGI).
• DeepSeek is making it clear that pushing the boundaries of AI technology, rather than monetization, remains the company's primary mission as it seeks the massive new round of funding.