DeepSeek raises $7 billion, founder contributed $3 billion, IPO expected later this year

DeepSeek has raised $7 billion after years of being funded by its founder, according to Kevin Carter of EMX ETFs. Carter says $3 billion of the raise came from the founder himself, who originally built a successful quant hedge fund, and he expects DeepSeek to pursue an IPO later this year.

Detected & updated continuously · Source: Nebula