DeepSeek is seeking additional outside capital to finance its ambitions in artificial intelligence, putting greater pressure on the hedge fund founded by Liang Wenfeng to support a business that is becoming increasingly expensive to operate, according to a report by CNBC.
The Chinese AI lab was initially funded and supported by Liang’s quantitative investment firm, High-Flyer Quant, which had spent years applying machine learning and deep-learning techniques to financial markets before backing D...
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