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DeepSeek has successfully closed its first round of funding with Liang Wenfeng emerging as the largest shareholder by contributing $20 billion, Tencent and CATL among the investors, valuing the company at $50 billion. The investors do not have operational voting rights as Liang Wenfeng holds absolute control through a controlling structure. DeepSeek, the Chinese artificial intelligence giant, completed its first round of financing since its inception on June 16. Liang Wenfeng, the founder, reportedly invested around 20 billion yuan, becoming the largest single contributor in this funding round. Other investors included Tencent with approximately 10 billion yuan, CATL system with…
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