Is a $1 billion investment in DeepSeek? Alibaba denies

Wallstreetcn
2025.02.07 12:10
portai
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There are reports that Alibaba plans to invest $1 billion in DeepSeek to acquire a 10% stake, but insiders at Alibaba have called it "fake news." Due to the ongoing shortage of computing power, some believe it is time for DeepSeek to seek investors, especially since DeepSeek is a rare case that has not yet completed its first round of financing and is catching up with OpenAI's large model enterprises at a lower cost