DeepSeek Pauses Funding Round After Viral Comments on US-China AI Competition

DeepSeek, a Chinese AI pioneer, has informed prospective investors that it is suspending its second fundraising round, delaying the signing of investment agreements. This decision follows widely circulated comments attributed to founder Liang Wenfeng regarding US-Chinese AI competition. Some investors were verbally notified that the deal is on hold, with the possibility of resuming at a later date. The suspension reportedly stems from Liang’s displeasure over online reports about his remarks during the first financing round that raised $7 billion for the AI lab. Bloomberg has not confirmed the authenticity of the viral posts discussing Liang’s statements on Nvidia Corp….